CryptoCoinsInfoClub.com

What Is Bitcoin And How It Is Traded?

How To Decide If Bitcoin Is Safe For You To Trade

How To Decide If Bitcoin Is Safe For You To Trade

How to decide if bitcoin is safe for you to trade The underlying technology securing bitcoin is known as the blockchain. (Nov. 29, 2017)(Sign up for our free video newsletter here ) The underlying technology securing bitcoin is known as the blockchain. (Nov. 29, 2017)(Sign up for our free video newsletter here ) Is Bitcoin a great investment opportunity or a risky bubble waiting to burst like 1637's Dutch tulip mania? Bitcoin's run-up has grown famous. Late Thursday morning, the digital currency was trading for more than $19,000 on exchanges in South Korea, before closing around $16,600 on Bitfinex, a large cryptocurrency exchange. The $19,000-ish price was up more than $5,000 inless than 24 hours. It was up from $12,000 at the start of the week. And it was up from a little more than $1,000 on Jan. 1. Not to belabor the point, but in 2016 alone the currency gained more than 100%. The price of bitcoin has been soaring this year, and last week alone it jumped from $11,000 to well over $17,000, according to Coindesk. It started the year below $1,000. That rocketing level of appreciation smells a lot like an irrational investor mania to many economists... The price of bitcoin has been soaring this year, and last week alone it jumped from $11,000 to well over $17,000, according to Coindesk. It started the year below $1,000. That rocketing level of appreciation smells a lot like an irrational investor mania to many economists... Yet investors have poured money into the digital currency. Here are some of the basic questions and answers you need to know to decide whether to put your money into Bitcoin or other cryptocurrencies. What determines Bitcoin's worth? "Bitcoin is a digital currency with no intrinsic value, (which is) worth as much as people think it's worth and there Continue reading >>

How Bitcoin Futures Trading Could Burst The Cryptocurrencys Bubble

How Bitcoin Futures Trading Could Burst The Cryptocurrencys Bubble

A new wave was added to the never-ending Bitcoin mania when the Chicago Board of Exchange (CBOE) became the first major derivative exchange to launch Bitcoin futures on December 10 . Such was the euphoria among early investors that trading was halted twice due to CBOE speed breakers, which slow or pause trading when price movements are excessive. The launch of Bitcoin futures at CBOE is set to be followed by its cross-town rival, the Chicago Mercantile Exchange (CME) Group, which plans to launch its own version of Bitcoin futures trading on December 18. And Nasdaq is preparing for a similar launch in the second-half of 2018 . Bitcoin futures allows traders to speculate on what the Bitcoin price will be at a later date. For instance, at the time of writing this article, the January contract for Bitcoin was trading around US$18,300, up from an opening price of US$15,000 . Traders bet on this and profit accordingly. Such was the excitement at the launch of futures that the Bitcoin price touched an all-time high of US$17,382.64 after one day of CBOE trading . This might sound good for Bitcoin lovers, but it could yet spell doom for the cryptocurrency in the long run. Trading frenzy. Joseph Sohm / Shutterstock.com Bitcoin futures could actually end up reducing the price of Bitcoin. Futures trading gives new investors the choice to bet against Bitcoin and also allows them to settle contracts in dollars, boosting their liquidity . Plus, Bitcoin futures allows investors to trade off the cryptocurrency without actually owning it. This protects them from any volatility in the real-time spot market. This could reduce the demand for Bitcoin, pushing down prices. Even though crypto futures are new to the market, futures contract trading dates back to ancient times . In 1750BC in Me Continue reading >>

How To Trade Bitcoin Cfds In 4 Easy Steps

How To Trade Bitcoin Cfds In 4 Easy Steps

How to Trade Bitcoin CFDs in 4 Easy Steps Dont miss your opportunity to trade Bitcoin. Start trading Now! Bitcoin is the worlds first digital currency and it is expanding in popularity worldwide. Now, traders can trade Bitcoin with AvaTrade as the ideal asset in CFD trades. With our platform MetaTrader 4 you can trade this rapidly growing currency against the US Dollar 24/7. Bitcoin is highly regarded among currency traders and its volatile nature makes them ideal for CFD trading . Around 2008, Satoshi Nakamoto founded Bitcoin. At the time, a paper was published through the Cryptography Mailing List. The first Bitcoin software client was released in 2009, and he collaborated with many other developers on the open-source team, careful never to reveal his identity. By 2011, the enigmatic Bitcoin founder had disappeared. His peers understood how valuable this cryptocurrency was, and worked feverishly to develop it to its maximum potential. By October 2009, the worlds first Bitcoin exchange was established. At the time, $1 was the equivalent of 1,309 Bitcoin. Considering how expensive Bitcoin is today, that was a real steal. Bitcoin traded at a fraction of a penny for quite some time. Things started changing in 2010; as the distribution of Bitcoin increased, the digital currency became inherently more valuable. Demand increased, reversing the exchange rate accordingly. In early 2010, the currency was gaining momentum, and so the distribution of the Bitcoin started to increase along with its demand. By November of that year 4 million Bitcoins had been mined. Source: We offer Bitcoin CFD trades with up to 20:1 leverage You can start trading Bitcoin from as little as 250/$250/250 This volatile crypto makes for an excellent addition to any financial trading portfolio AvaTrade Continue reading >>

Bitcoin Trading On A Traditional Exchange Begins Sunday Night

Bitcoin Trading On A Traditional Exchange Begins Sunday Night

As U.S. exchanges get set to offer bitcoin futures, some major global financial institutions feel the rollout is happening too fast, and some retail brokers say they will look hard at the new market before offering related products to customers without steep restrictions. The first bitcoin futures product starts trading Sunday, potentially bringing an air of greater legitimacy to the cryptocurrency which has been a trading sensation around the world. For many on Wall Street, however, it is viewed as a volatile, rapidly growing, massive speculative bubble, based on a hard-to-understand quasi-currency that has not been fully embraced by the financial community or major institutions. Cboe Global Markets is the first of three U.S. exchanges to offer futures in bitcoin, jumping a week ahead of its rival, CME, to do so. It is a so-called self-certified product, however, an exchange spokeswoman said it has vetted everything with the U.S. Commodities Futures Trading Commission "to their liking." Ahead of the Sunday launch, bitcoin's price has been skyrocketing, surging more than $6,000 in less than two days adding to concerns that bitcoin is going parabolic and would be an ill-suited investment for mom-and-pop investors. It was trading above $19,000 Thursday on the Coinbase exchange before falling rapidly back to $16,000. "A number of brokers are deciding whether they want to offer trading in the futures to their clients, and if they do they are likely to put more restrictions and risk management controls on the trading," Sandler O'Neill analyst Richard Repetto said. The concerns about the futures are both the risk stemming from the underlying market and whether the futures will be liquid enough as the market gyrates, in both directions. The futures market also offers the firs Continue reading >>

Three Things To Know Before You Trade Bitcoin Futures

Three Things To Know Before You Trade Bitcoin Futures

Three things to know before you trade bitcoin futures Bitcoin euphoria can sweep you up, but do you know enough to be prepared to start trading bitcoin futures ? These are historic and interesting times for bitcoin as well as the entire cryptocurrency space. No matter what you think about bitcoin, cryptocurrencies are here to stay. And if you are planning on getting involved in trading bitcoin futures, which are being rolled out by several exchanges, remember to breathe and understand that despite its meteoric rise bitcoin and cryptocurrencies globally are still in the first inning of this game. Here are three things that are critical to understand before you trade bitcoin: Are bitcoin futures available on your trading platform? It currently is not available across all of the various trading platforms. But if it's on yours, understand the margin associated with the futures contract. It is a high margin product (nearly 40 percent), as trading platforms as well as clearing firms are very cautious on the product. Tremendous volatility will be associated with bitcoin futures. Think of trading crude oil on a busy inventory data day; now, multiply that by about 20 or maybe 30. Bitcoin futures contracts can't be hacked or stolen like coins have and can. They are exchange traded as well as regulated. This is compelling for those looking for long-only exposure to bitcoin versus those simply trading the contract. We are planning on working with clients in 2018 who desire this exposure in their portfolios. Continue reading >>

Bitcoin Trading - The Ultimate Guide To Bitcoins

Bitcoin Trading - The Ultimate Guide To Bitcoins

Detailed explanation of bitcoin and how it is traded At the time when this guide was written, January 2014, the price of one bitcoin stood at $913, down slightly after reaching an all-time high of over $1,200 earlier in December. The new cryptocurrency came a long way from trading below $4 just two years ago. Major online and offline retailers are starting to add the new currency as a payment method. But what exactly is bitcoin? According to a recent Bloomberg poll, only 42 percent of Americans correctly identified bitcoin as a virtual currency. Six percent thought it was an iPhone app. Bitcoin is a peer-to-peer digital currency launched in 2009 by Satoshi Nakamoto. Satoshi worked on the project alone for 2 years before releasing the code to the public. He disappeared shortly after creating the cryptocurrency, but before leaving he posted the now infamous quote: It might make sense just to get some in case it catches on Bitcoin is a cryptocurrency and a new and unique financial vehicle, unlike anything the world has ever seen. Its called a cryptocurrency because it uses cryptography to control the creation and transfer of money. Despite the name, there is no physical coin to speak of, Bitcoin is a completely electronic form of money. Bitcoin solves the so called double spending problem present with digital goods. For example, if I have an mp3 file or an ebook on my computer, I can freely copy that file a thousand times and send it to a thousand different people. For a digital currency, the possibility for unlimited copying would mean a quick hyperinflationary death. Bitcoin solves this by maintaining a peer to peer network and recording each transaction in a public ledger called the block chain. Say I send 1 bitcoin from my bitcoin address to my friend John. The bitcoi Continue reading >>

Bitcoin Exchange

Bitcoin Exchange

A bitcoin exchange is a digital marketplace where traders can buy and sell bitcoins using different fiat currencies or altcoins . A bitcoin currency exchange is an online platform that acts as an intermediary between buyers and sellers of the cryptocurrency . The currency ticker used for bitcoin is either BTC or XBT. Bitcoin exchange platforms match buyers with sellers. Like a traditional stock exchange, traders can opt to buy and sell bitcoin by inputting either a market order or a limit order . When a market order is selected, the trader is authorizing the exchange to trade his coins for the best available price in the online marketplace. With a limit order set, the trader directs the exchange to trade coins for a price below the current ask or above the current bid , depending on whether s/he is buying or selling. For example, on a bitcoin exchange, three coin sellers are asking for BTC/USD 2265.75, BTC/USD 2269.55, and BTC/USD 2270.00. A trader who initiates a market order to buy bitcoins will have his order filled at the best ask price of $2265.75. If only five bitcoins are available for the best ask and 10 coins are available for $2269.55, and the trader wants to buy 10 at market, his order will be filled with 5 coins @ $2265.75 and the remaining 5 @ $2269.55. However, a trader who thinks that he can get bitcoins for a better price could set a limit order for, say, $2260.10. If a seller matches his/her ask price with this order or sets a price below this figure, the buyer will get filled. Online bitcoin marketplaces usually designate bitcoin participants as either makers or takers . When a buyer or seller places a limit order, the exchange places adds it to its order book until the price is matched by another trader on the opposite end of the transaction. When t Continue reading >>

Subscribe To Read

Subscribe To Read

Subscribe to the FT to read: Financial Times Chaotic trading marks new surge in bitcoin price Keep abreast of significant corporate, financial and political developments around the world. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust. Choose the subscription that is right for you Purchase a Digital Trial subscription for Not sure which package to choose? Try full access for 4 weeks For 4 weeks receive unlimited Premium digital access to the FT's trusted, award-winning business news Purchase a Standard Digital subscription for Be informed with the essential news and opinion MyFT track the topics most important to you FT Weekend full access to the weekend content Mobile & Table Apps download to read on the go Gift Article share up to 10 articles a month with family, friends and colleagues Purchase a Premium Digital subscription for All the essentials plus deeper insights and analysis In-depth analysis on trade, emerging markets, M&A, investing and more ePaper a digital replica of the newspaper Gift Article share up to 20 articles a month with family, friends and colleagues Purchase a Premium Digital + Newspaper subscription for FT Newspaper delivered daily plus unlimited digital access Continue reading >>

How To Trade Bitcoin | How Do You Invest In Bitcoin?

How To Trade Bitcoin | How Do You Invest In Bitcoin?

Get to grips with the basics of how to trade bitcoin with our step-by-step guide. There are two ways to deal bitcoin: buy the cryptocurrency itself in the hope of selling it on at a profit, or speculate on its value without ever owning the token. The latter is how CFDs work. A CFD enables you to trade a contract based on prices in the underlying market. It is a leveraged product, meaning you can put down a small initial deposit and still gain the exposure of a much larger position. This can magnify your profits, though it can have the same effect on your losses. To trade CFDs, youll first need an IG tradingaccount.It only takes a few minutes to get set up, and you can take your first position as soon as youve added funds. Keep in mind that, unlike if you were to buy and sell bitcoin, you wont need an account with a bitcoin exchange . Thats because you trade on the prices offered we derive from multiple exchanges on your behalf. Before you start trading, you need to make sure youre up to speed with the latest bitcoin news, in order to best understand whats next for the cryptocurrencys price. Key to this is being able to recognise the factors that affect bitcoin . As a decentralised currency, it is free from many of the economic and political concerns which affect traditional currencies. But as a market still in its adolescence, there is a lot of uncertainty entirely unique to the cryptocurrency. Any one of these factors could have a sudden and significant impact on its price, and as such you need to learn to navigate the risks they may open up. When it comes to interpreting bitcoins behaviour, charts can also be an invaluable tool. Past data can help you make sense of how the market is moving, while comparing timeframes may provide a closer insight into emerging trends Continue reading >>

Bitcoin - Wikipedia

Bitcoin - Wikipedia

Unspent outputs of transactions denominated in any multiple of satoshis [3] :ch. 5 12.5 bitcoins per block (approximately every ten minutes) until mid 2020, [7] and then afterwards 6.25 bitcoins per block for 4 years until next halving. This halving continues until 2110–40, when 21 million bitcoins will have been issued. ^ The symbol was encoded in Unicode version 10.0 at position U+20BF ₿ BITCOIN SIGN in the Currency Symbols block in June 2017. [2] Bitcoin is a worldwide cryptocurrency and digital payment system [8] :3 called the first decentralized digital currency , as the system works without a central repository or single administrator. [8] :1 [9] It was invented by an unknown person or group of people under the name Satoshi Nakamoto [10] and released as open-source software in 2009. [11] The system is peer-to-peer , and transactions take place between users directly, without an intermediary. [8] :4 These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain . Bitcoins are created as a reward for a process known as mining . They can be exchanged for other currencies, [12] products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. [13] Bitcoin can also be held as an investment. According to research produced by Cambridge University in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin. [14] The word bitcoin first occurred and was defined in the white paper [15] that was published on 31 October 2008. [16] It is a compound of the words bit and coin . [17] The white paper frequently uses the shorter coin. [15] There is no uniform convention for bitcoin capitalization. Some sources use Bitcoin, capitalized, to Continue reading >>

Bitcoin Trade Explained For Rookies - How Does It All Work?

Bitcoin Trade Explained For Rookies - How Does It All Work?

Bitcoin has become one of the most popular digital currencies in the virtual world. It is a global currency that has gained popularity around the world. Bitcoin, just like other currencies, is exchanged every day in the market. There are various ways that investors use Bitcoin trade to make profits. However, investors rushed into the Bitcoin trade when it was introduced. The truth is that majority of traders lose money and quit the Bitcoin trade within the first year. The Bitcoin trade is risky, and the venture can cost one a lot of money. It is essential to get the right information before proceeding with the trade. Get the entire 10-part series on Timeless Reading in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues. Financial Information Publishers To Be Biggest Winners From MiFID II Before explaining the Bitcoin trade, it is important to point out some reasons why one should get involved in the Bitcoin trade. Bitcoin is a fiat currency that is not related to the economy and policy of any country. It is a global currency that is free from government interference. It is not affected by inflation making it a unique money to invest in. Bitcoin trades all the time. Unlike the stock exchange, Bitcoin trade is open 24/7. There is no official Bitcoin trade or price, and this provides traders with many opportunities. Bitcoin is volatile. Volatility allows traders to make high profits without leveraging. There are significant price moves in Bitcoin trade, and these are designed to extract high profits. Bitcoin is the cheapest and convenient instrument of commerce. Bitcoin exchange rates are minimal. Additionally, Bitcoin deposits and withdraws take less time compared to traditional exchanges. The Bitcoin trade takes place in two main ways the Continue reading >>

With Bitcoin Futures Set To Trade, Here's How It's Going To Work

With Bitcoin Futures Set To Trade, Here's How It's Going To Work

With bitcoin futures set to trade, here's how it's going to work Bitcoin futures set to begin trading on the Cboe at 6 p.m. ET on Sunday, and CME will open bitcoin futures trading on Dec. 18. The cryptocurrency soared above $19,000 this week and is currently trading around $15,000. Retail brokers don't have uniform rules about allowing customers to trade bitcoin futures. The Cboe will launch futures trading in bitcoin at 6 p.m. ET on Sunday. The ticker symbol will be XBT. Since the interest level is so high, let's try to answer a few basic questions on how this will work. So how does this work? The Cboe will start by listing three near-term serial months. They will likely be January, February and March. They will expire on two business days prior to the third Friday of the month. What will the initial prices be and what is the size of a contract? Each contract is one bitcoin . Market makers will set an initial price for each month and trading will begin. The front-month (January) price will likely be close to the underlying cash price. The minimum price interval is $10.00 per contract. The contracts are traded and settled in cash (you get dollars, not bitcoin, at the settlement). How is the price determined? There are many different bitcoin exchanges, but Cboe uses Gemini Trust Co., an exchange and custodian founded in 2014 that allows customers to buy, sell and store digital assets such as bitcoin. There is a lively debate about how to "accurately" reflect the bitcoin price. CME , for example, is using the Bitcoin Reference Rate which is an aggregate of prices on four different exchanges. Bitcoin futures at CME are set to begin trading Dec. 18. What are the fees for trading? Cboe will be waiving all of its transaction fees for the month of December. After that, the ba Continue reading >>

Bitcoin Trading Guide For Beginners + Examples And Common Mistakes

Bitcoin Trading Guide For Beginners + Examples And Common Mistakes

So what is Bitcoin trading, and how is it different from investing in Bitcoin ? Well, when people invest in Bitcoin, it usually means that they are buying Bitcoin for the long term. In other words, they believe that the price will ultimately rise, regardless of the ups and down that occur along the way. Usually, people invest in Bitcoin because they believe in the technology, ideology, or team behind the currency. Bitcoin investors tend to HODL the currency long-term. HODL is a popular term in the Bitcoin community that was actually born out of a typo of the word holdin an old 2013 post in the BitcoinTalk forum . So while Bitcoin investors buy and HODL for the long term, Bitcoin traders buy and sell Bitcoin in the short term, whenever they think a profit can be made. Traders view Bitcoin as an instrument for making profits. Sometimes, they dont really care about the technology or the ideology behind the product theyre trading. Of course, people can still trade Bitcoin if they do care about it. And many people out there invest and trade at the same time. But why are so many people looking to trade cryptocurrencies (especially Bitcoin) all of a sudden? First, bitcoin is very volatile . In other words, you can make a nice amount of profit if you manage to correctly anticipate the market. Second, Unlike traditional markets, Bitcoin trading is open 24/7. Most traditional markets, such as stocks and commodities, have an opening and closing time. With Bitcoin, you can buy and sell whenever you please. Finally, Bitcoins unregulated landscape makes it relatively easy to start tradingwithout the need for long identity-verification processes. For example, day trading involves conducting multiple trades throughout the day, and trying to profit from short-term price movements. Day Continue reading >>

Bitcoin Futures Begin Trading As Price Surges

Bitcoin Futures Begin Trading As Price Surges

Bitcoin futures begin trading as price surges Chicago Boards Option Exchange will start futures trading in cryptocurrency. A link has been posted to your Facebook feed. To find out more about Facebook commenting please read the Conversation Guidelines and FAQs Bitcoin futures begin trading as price surges Brett Molina , USA TODAY Published 5:07 p.m. ET Dec. 10, 2017 | Updated 7:57 a.m. ET Dec. 11, 2017 Bitcoin futures makes a big impression on Wall street, as it was traded for the first time Sunday. Buzz60 CONNECT TWEET 50 LINKEDIN 6 COMMENTEMAILMORE One of the largest exchange holding companies launched trading of bitcoin futuresSunday, as the value of the popular digital currency surges. Trading on bitcoin futures through the CBOE Futures Exchange (CFE) started just after 6 p.m. ET, to coincide with the start of global trading hours. In a tweet posted Sunday, CBOE said trading systems are operating normally, but heavy traffic is causing their websiteto perform "slower than usual and may at times be temporarily unavailable." Due to heavy traffic on our website, visitors to may find that it is performing slower than usual and may at times be temporarily unavailable. All trading systems are operating normally. Bitcoin will trade under the symbol XBT, with the value based on the auction price for the currency set by asset exchange firm Gemini Trust Company. "Given the unprecedented interest in bitcoin, its vital we provide clients the trading tools to help them express their views and hedge their exposure," said Ed Tilly, chairman and CEO of CBOE Global Markets, in a statement earlier this month. Trading in bitcoin futures will be free through the end of December. Bitcoin has enjoyed a gold rush among investors this year, surging more than 1,550%. On Thursday, the price Continue reading >>

How To Trade Bitcoin (and If You Should)

How To Trade Bitcoin (and If You Should)

There's a digital gold rush sweeping the globe as investors try to cash in on Bitcoin, the notoriously volatile cryptocurrency. Getting involved yourself is easierand riskierthan you think. As with any exchange or speculative market, trading in Bitcoin is a risky venture that could cost you real moneyand lots of it. So the most important advice is to proceed with caution. If you're game, though, here's what you need to know to get started. Bitcoin is a currency much like any other, albeit digital. It can be saved, spent, invested, and even stolen . The rise of Bitcoin, the most widely circulated cryptocurrency, began in 2009 by someone (or someones) using the alias Satoshi Nakamoto. It came to prominence earlier this year when its value suddenly jumped 10-fold from $2 to $266 between February and April, with a peak market valuation of more than $2 billion. The simple answer is: just like physical currency exchanges. You're essentially buying one currency with another. The relative value of a nation's physical currency is a reflection of the country's economic and financial health, especially since we moved off of the gold standard. The U.S. dollar, for example, is worth more than that of the Mexican peso due to the discrepancies between the two countries' economiestherefore you can buy lots of pesos for very few dollars (the dollars being relatively more valuable). The same holds true for Bitcoin, except that its value comes not from an industrial economic base but from the work performed by your computer. That means it can be traded like a commodity, no different than pork bellies or Florida oranges. That said, exchanges like Mt. Gox act as intermediaries for currency transactions, converting wealth from Bitcoin to US dollars to other national currencies, back to doll Continue reading >>

More in cryptocurrency