CryptoCoinsInfoClub.com

Crypto 101 Article

Cryptocurrency 101 Ben Yu Medium

Cryptocurrency 101 Ben Yu Medium

Thiel Fellow, Harvard dropout. Making content creation profitable x blockchain @ StreamToken.net Ever since Nas Dailys video came out about how I earned over $400,000 with less than $10,000 investing in Bitcoin and Ethereum, Ive been getting hundreds of questions from people around the world about how to get started with cryptocurrency investment. First: Im super glad theres so much interest in cryptocurrency right now. I firmly do believe that cryptocurrency and blockchain technology has the potential to fundamentally change much of the way our world currently operates for the better. It reminds me a lot of the internet in the 90s . Second: Investment in cryptocurrency isnt something to be taken lightly. Its extremely risky, extremely speculative, and extremely early stage still at this point in time. Countless speculators and day traders have lost their entire fortunes trading cryptocurrency. I was no different when I first started investing in crypto. The first $5000 I put into crypto fell almost immediately to less than $500 a net loss of over 90%. Third: All of the following words are entirely and solely my own opinion, and do not reflect any objective truth in the world or the opinions or perspective of any other individual or entity. I write them here merely so people can know how I personally approach cryptocurrency, and what I have personally found helpful in my foray into this realm. Im firmly of the opinion that one should never invest in something one doesnt thoroughly understand, so Im going to split this article into three parts. The first part will speak to a broad explanation of what bitcoin and cryptocurrency at large are. The second will discuss my personal investment philosophy as it pertains to crypto. The third will show you step by step how to act Continue reading >>

Mining 101: An Introduction To Cryptocurrency Mining

Mining 101: An Introduction To Cryptocurrency Mining

Mining 101: An Introduction To Cryptocurrency Mining News and reviews from the crossroads of PC gaming & consumer hardware Opinions expressed by Forbes Contributors are their own. Cryptocurrency mining will celebrate its 10th year of existence in 2019. It's certainly no fad, but it's also far from being a popular practice.The very concept of mining with high-endcomputer hardware is starting to trickle into mainstream consciousness, though. If anything, the evidence is in the scarcity of Nvidia and AMD graphics cards and the inflated pricing that has washed through retailers worldwide. The pricing has caught the attention of PC gamers, leaving them puzzled and asking why it's happening. What you may not know is the technology surroundingmining isn't just limited to consumer graphics cards. Were beginning to see PC game platforms that allow you to mine when youre away from your system, and exchange that digital currency for new games. There are even new Pokemon GO-style games hitting the app stores that are outdoor scavenger hunts with cryptocurrency as the ultimate treasure. With that in mind, it seemed like the perfect time to start explaining this craze (I'm going to call it that because it shows no signs of disappearing) to gamers and hardware junkies consideringriding the wave. Its admittedly going to be a challenge! As John Oliver recently exclaimed during HBOs Last Week Tonight, cryptocurrency is: everything you dont understand about money combined with everything you dont understand about computers! You can mine cryptocurrency with your PC, but you can also build specialized mining rigs. So I hope youll stick around for each new guide and explainer. Dont hesitate to reach out via the social media links at the bottom of this article with questions or suggestions. Continue reading >>

Crypto 101 The Average Consumers Guide To Cryptocurrency

Crypto 101 The Average Consumers Guide To Cryptocurrency

Hello and welcome to DaveTradesCrypto; the newest blog as part of the ever expanding CRYPTO 101 family. My name is Dave, and I am new to crypto.So new in fact, I still have the tags on! I have been given the chance to document my journey, discuss my thoughts, and give my views on how I, Dave, see the big, bad worldof crypto. By day I am a tradie. I work in the construction industry, however, I am no imbecilic neanderthal and I do know how to turn on a computer. By night I will be looking to learn and hopefully one day trade crypto, possibly even successfully I hope. I believe I am a quick learner so taking on lots of new information whilst picking up hints and tips along the way should be fairly straightforward well see, I hear you say.In the world of technology I absolutely consider myself to fit well and truly into theaveragebracket,with the thoughts and views of a mainstream consumer. I am in no way shape or form a developer, and to me, HTML is just four capital letters put together. I am however willing to learn, I am never to proud to take on advice and if you are going to criticise then I have broad enough shoulders to take the abuse. I am not some soft touch millennial who is easily upset by keyboard warriors. I love an argument/discussion and 100% of the time, Im right every time. I am never shy on an opinion, believe me! I have been listening to the CRYPTO 101 podcast now for a couple of weeks, I came across it like most, searching cryptoon the iTunes Store. Matthew Aaron now feels like a brother to me. His dulcet tones are soothing to ones ear especially during a tough day at work and he has been teaching me things I never thought I would learn although I am googling new terminology most days!I am looking forward to getting stuck into the CRYPTO 101 Facebook Continue reading >>

Crypto 101: New York University Launches Cryptocurrencies Course

Crypto 101: New York University Launches Cryptocurrencies Course

Crypto 101: New York University Launches Cryptocurrencies Course Published December 2, 2017 by William Peaster New York Universitys prestigiousStern School of Business has announced the creation of an undergraduate course on cryptocurrencies, being among the first of the worlds major academic institutions to do so. NYU already made waves in the ecosystem back in 2014 in being the first university ever to provide a graduate school course on cryptocurrencies. Department professor David Yermack leads the ongoing grad-level course and will be leading the new undergraduate class as well. In his remarks on the announcement, Yermack asserted the blockchain revolution is probably as important as the introduction of double-entry bookkeeping, also going on to say that theres enormous student interest [in the course], for the jobs it offers. Indeed, the new class is poised to be a smashing success, as Yermack is moving his older grad course on cryptocurrencies into our largest auditorium, with capacity for 350 students. The undergrad class should be just as popular. Cryptocurrency course to break ground in NYU CryptoMurli (@CryptoMurli) December 1, 2017 And Yermack said hes prepared to keep pace with the blistering speed of the blockchain revolution, no matter how fast it progresses: Year over year well change well over half the course material. It keeps you young to be reading half the night just to keep up with the latest innovations. And as if a kind of prelude to the new course, NYUs had other prominent talking heads discussing the crypto space as of late. For example, Aswath Damodaran the so-called dean of valuation for Wall Street is a professor who runs a course on valuation atNYUs Stern School of Business. Damodaran remarked in October that Bitcoin is a currency that can Continue reading >>

Bitcoin 101: A Beginner's Guide To Understanding The Cryptocurrency - Business Insider

Bitcoin 101: A Beginner's Guide To Understanding The Cryptocurrency - Business Insider

A vertical stack of three evenly spaced horizontal lines. * Copyright 2018 Business Insider Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our facebook linkedin twitter email copy link Bitcoin, the digital currency that's been monopolizing conversations, has grown rapidly in value in the last year. Unfortunately, it's not always an easy concept to understand, much less to get involved in. Now, Cash App, Square's payment app that lets friends settle debts, is inserting itself into the cryptocurrency craze by giving many of its users the option to trade and hold bitcoin instantly. CEO Jack Dorsey says the feature is "the first step" to making bitcoin more widely accessible, so the team also built a beginner's manual for bitcoin to further the effort. The scrollable explainer features abstract illustrations like a children's book and provides a high-level synopsis on what bitcoin is, where it came from, and how it works, all in easy-to-understand language. The last page includes a bitcoin FAQ, along with a page that lists some risks to owning bitcoin. So far, the explainer has gotten some great reactions on Twitter. You can scroll through the slides to get the full explainer here: Continue reading >>

Cryptocurrency Taxes 101: What To Know Come Tax Season

Cryptocurrency Taxes 101: What To Know Come Tax Season

Cryptocurrency Taxes 101: What to Know Come Tax Season Cryptocurrency Taxes 101: What to Know Come Tax Season A new year has arrived! For cryptocurrency investors, that means hope for another year of growth in virtual currency markets. Unfortunately, however, it also means we need to get ready to pay taxes on our cryptocurrency profits from 2017. Most of us have made our resolutions and decided on our aspirations for 2018, but few of us are looking forward to filing our tax returns. But being prepared is half the battle, so now is the time to begin tax planning. Its always a good idea to consult with a Certified Public Accountant (CPA) when youre preparing your tax returns. A good CPA can help you avoid tax liability by managing your assets in a smart way. However, your regular accountant probably isnt up to speed on the evolving landscape of cryptocurrency tax policies. If youve invested in Bitcoin or other virtual currencies, contact a trained cryptocurrency accountant to make sure youre prepared for tax season. Cryptocurrencies may have started off on the fringes of the internet, but now its a pretty mainstream investment. Bitcoin futures are traded on the Chicago exchanges, and large institutional investors are setting up virtual currency trading desks. As cryptocurrency has become more and more popular, the Internal Revenue Service (IRS) has refined the details of its policies regarding tax collection and reporting requirements. The IRS treats Bitcoin and other virtual currencies as capital assets because they are convertible into cash. So, like other capital assets, cryptocurrencies are subject to the capital gains rules. These rules apply to taxpayers who buy and sell cryptocurrencies for investment purposes, as well as people who spend virtual currencies on goo Continue reading >>

Crypto 101: The Average Consumers Guide To Cryptocurrency

Crypto 101: The Average Consumers Guide To Cryptocurrency

I'm brand new to the cryptocurrency movement...fashionably late?...but I am completely enthralled by the technology, the market space, the potential, the risks...all of it. And this podcast is RIGHT there, assisting me on the journey & fueling my passion. The perfect balance of education, news, humor, entertainment and community-building. I highly recommend it! Join the "conversation"! I just started getting into crypto recently and Matthew really explains everything in an easy to understand way. I have been listening to many podcasts recently, but his is the only I subscribe to. He is definately knowledgable, has done his research and knows what he is talking about. This is a great podcast for anybody getting into crypto or who is in the game already. Keep up the good work! This podcast helps you build the foundation of interest in crypto-currency from an investors perspective while helping you understand the importance of this technology in the overall market. Great content, great interviews, great music. Continue reading >>

Crypto 101 - Beginners Guide To Buying Hash Power From New.nicehash.com

Crypto 101 - Beginners Guide To Buying Hash Power From New.nicehash.com

If you are anywhere near a computer with internet, you might have heard about the recent crypto-currency gold rush. Everyone in India are now trying to jump in and make a quick buck. So much so that the prices of GPUs have risen multi-fold. An "AMD RX 480 8GB" graphics card which used to cost 18,000 (~$275) a couple of months ago, is now being sold for 30,000 (~$460). That is if you can still get one on shelves - all are SOLD OUT. So, to tide over this hardware shortage you might be tempted to rent some. Most popular one is Genesis Mining . But the prices there are even higher. An Ethereum contract giving you 30MH/s (Mega Hashes per second) would set you back by $869. The return on investment there is at least 7 months - not really a quick buck. So after some more research you come across other services that aggregate hashing power of other miners and sell that to you. You can buy those for as less as 0.01 Bitcoin (= $25 = 1600). You can mine a wide range of crypto currencies. So, now you are on your to make those quick and easy buck. Well, may be not that easy. But, the following guide can help you with that. This guide helps you buy on I will try to target both 1st time buyers and existing buyers who would want to know more about how stuff work - with a some of tips and tricks along the way. Existing buyers can go directly to Point #6. Let's analyze the process of placing an order:- They work only with BTC (Bitcoin). So, if you do not have a BTC address and money in that address then you have figure out how to get those. Let me know in comments if want me to do a "Crypto 101" on that. Now, transfer that money from the above address to Nicehash's BTC address. No problem, as long as you do not send less than 0.001(~160) BTC. In which case, they keep the whole amount as Continue reading >>

What Is Cryptocurrency: Everything You Need To Know [ultimate Guide]

What Is Cryptocurrency: Everything You Need To Know [ultimate Guide]

What is Cryptocurrency: Everything You Need To Know [Ultimate Guide] Angel Investors, Startups & Blockchain developers... What is cryptocurrency:  21st-century unicorn – or the money of the future? This introduction explains the most important thing about cryptocurrencies. After you‘ve read it, you‘ll know more about it than most other humans. Today cryptocurrencies have become a global phenomenon known to most people. While still somehow geeky and not understood by most people, banks, governments and many companies are aware of its importance. In 2016, you‘ll have a hard time finding a major bank, a big accounting firm, a prominent software company or a government that did not research cryptocurrencies, publish a paper about it or start a so-called blockchain-project. “Virtual currencies, perhaps most notably Bitcoin, have captured the imagination of some, struck fear among others, and confused the heck out of the rest of us.” – Thomas Carper, US-Senator But beyond the noise and the press releases the overwhelming majority of people – even bankers, consultants, scientists, and developers – have a very limited knowledge about cryptocurrencies. They often fail to even understand the basic concepts. So let‘s walk through the whole story. What are cryptocurrencies? Why should you learn about cryptocurrency? And what do you need to know about cryptocurrency? What is cryptocurrency and how cryptocurrencies emerged as a side product of digital cash Few people know, but cryptocurrencies emerged as a side product of another invention. Satoshi Nakamoto, the unknown inventor of Bitcoin , the first and still most important cryptocurrency, never intended to invent a currency. In his announcement of Bitcoin in late 2008, Satoshi said he developed “A Peer-to- Continue reading >>

Unchained: Big Ideas From The Worlds Of Blockchain And Cryptocurrency

Unchained: Big Ideas From The Worlds Of Blockchain And Cryptocurrency

Preview Mode Links will not work in preview mode Blockchain technology is about to transform every trust-based interaction of our lives, from financial services to identity, from health care to our Internet of Things devices. In this podcast, host Laura Shin talks with industry pioneers across tech, financial services, health care, government and other sectors about how the blockchain and cryptocurrency will open up new opportunities for incumbents, startups and everyday people to interact more efficiently, directly and globally. Zooko Wilcox,the founder and CEO of the Zcash company, explains why he wanted tocreate the privacy coin Zcash, why he believes privacy is essentialto decentralization, and how encryption is the waycensorship-resistance can be created on a technical level. We talkabout the revelation that the NSA was targeting... Wyoming now hasfive blockchain-specific laws. Caitlin Long, cofounder of theWyoming Blockchain Coalition, describes what these laws are, whatthey mean, and how our least populous state became a crypto leader.The former chairman and president of Symbiont explains what thiscould mean for any project that aims to... Crypto assets and blockchain technology are about to transform every trust-based interaction of our lives, from financial services to identity to the Internet of Things. In this podcast, host Laura Shin, an independent journalist covering all things crypto, talks with industry pioneers about how crypto assets and blockchains will change the way we earn, spend and invest our money. Tune in to find out how Web 3.0, the decentralized web, will revolutionize our world. Disclosure: I own Bitcoin and Ether. Continue reading >>

Crypto 101 - A Free Ebook

Crypto 101 - A Free Ebook

Who said that quality comes always at cost? Crypto 101 is proof that there are exceptions to this rule. It is a free guide to the science of cryptography, that, in everyday language, addresses every software developer's need in correctly incorporating and applying cryptographic elements into the building of their software. Cryptography is a necessary evil that one way or another becomes an integral part of a developer's daily activity.Despite compacting crypto algorithmic implementations into modules, libraries or functions, that make knowledge in maths unnecessary in order to use them, their effective handling still requires a lot of effort. Block vs Stream chiphers, Encrypting vs Signing, Symmetric vs Asymmetric encryption, are just some of the aspects you ought to understand, otherwise you're not only running the risk of degraded performance, but also the risk of causing the exact opposite of what cryptography was invented to safeguard, that is, confidentiality, authenticity and integrity. Therefore every developer out there should at the very least have a grasp on the basics: what cryptography is, what it aims at, how to make the correct choice and application of the algorithms, as well as how the components work and interoperate. You would think that such an essential educational service would come at a cost, but that's not always the case. Fortunately there are also free, reliable and quality solutions out there, like the Crypto 101 book . Crypto 101 is a comprehensive and easy to follow guide to the world of cryptography, a conception of Laurens Van Houtven (lvh) , principal engineer at Rackspace Managed Security where he works on information security, cryptography and distributed systems. He has kindly made it available under the permissive Creative Commons Att Continue reading >>

Crypto 101 | How To Start? A Comprehensive Guide To The Basics, Exchanges, Buying &selling

Crypto 101 | How To Start? A Comprehensive Guide To The Basics, Exchanges, Buying &selling

Im a Mechanical/Aerospace Engineer, trade and invest in crypto. I share educational material. crypto 101 | How to Start? A Comprehensive Guide to the Basics, Exchanges, Buying &Selling The popularity of crypto world is rising in an incredible speed. Bitcoin is appearing on mainstream TV channels, in news, in newspapers.. Yet, its an ambiguous void for many people. Ive been recently receiving how am I going to kick-off? question from family, friends, random people, mailman, butcher, hairdresser If youve already joined the crypto world, think about the beginning, you were willing to kick-off but it was seeming like a hard, complicated world, with full of anxiety. So, I decided to write articles for the people who are willing to join the crypto world to make them feel comfortable about the process. Crypto world is easy, simple world and there is nothing to be afraid of. This article will be a comprehensive article for laymen to learn the essence and the crypto people for reviewing the fundamentals. It will be ELI5 again. I hope youll enjoy! Heres what will be going through: An exchange is a marketplace in which financial instruments are traded. For example in NYSE you can trade options, equities etc. In FOREX you can trade foreign exchanges, commodities, indices. In the Crypto exchanges you can trade coins and tokens. A market is a group of buyers and sellers of a particular good or service. An analogy is always better to understand the concept, so lets go with a one. (Ill specifically talk about crypto exchanges, stocks are different in some ways) Think that you are living in a crazy town which has several crypto shopping malls called Polneix, Binenace, KoCoin, Bitirex, CoinBese swh. Those shopping malls have only crypto shops, such as one selling Ethereum for Bitcoin, o Continue reading >>

Ben Yu And Simar Mangat: Crypto 101 @google

Ben Yu And Simar Mangat: Crypto 101 @google

Ben Yu and Simar Mangat: Crypto 101 @Google Ever since Nas Dailys video came out about how I earned over $400,000 with less than $10,000 investing in Bitcoin and Ethereum, Ive been getting hundreds of questions from people around the world about how to get started with cryptocurrency investment. First: Im super glad theres so much interest in cryptocurrency right now. I firmly do believe that cryptocurrency and blockchain technology has the potential to fundamentally change much of the way our world currently operates for the better. It reminds me a lot of the internet in the 90s. Second: Investment in cryptocurrency isnt something to be taken lightly. Its extremely risky, extremely speculative, and extremely early stage still at this point in time. Countless speculators and day traders have lost their entire fortunes trading cryptocurrency. I was no different when I first started investing in crypto. The first $5000 I put into crypto fell almost immediately to less than $500 a net loss of over 90%. Third: All of the following words are entirely and solely my own opinion, and do not reflect any objective truth in the world or the opinions or perspective of any other individual or entity. I write them here merely so people can know how I personally approach cryptocurrency, and what I have personally found helpful in my foray into this realm. Im firmly of the opinion that one should never invest in something one doesnt thoroughly understand, so Im going to split this article into three parts. The first part will speak to a broad explanation of what bitcoin and cryptocurrency at large are. The second will discuss my personal investment philosophy as it pertains to crypto. The third will show you step by step how to actually begin investing in crypto, if you so choose. Eac Continue reading >>

Crypto 101: The Average Consumers Guide To Cryptocurrency (podcast)

Crypto 101: The Average Consumers Guide To Cryptocurrency (podcast)

ByBitcoin, Ethereum, Crypto, Cryptocurrency, Litecoin, Ripple.Discovered by Player FM and our community copyright is owned by the publisher, not Player FM, and audio streamed directly from their servers. The Average Consumers Guide to Cryptocurrency 105 episodes available.A new episode about every2 daysaveraging 37 mins duration. CRYPTO 101: the average consumers guide to cryptocurrency *** this is not financial or legal advice***Recently CRYPTO 101 has been focused on the practical advice for the average person wanting to get into blockchain based businesses. This episode, Matthew and Dani sat with with Taylor Monahan to ask her real world practical advice on what to do and what not to do when shifting from hobby to company i ... CRYPTO 101: the average consumers guide to cryptocurrency *** this is not financial or legal advice***Who pays for ICO marketing? Where does the money come from? Are there any ethics in raising funds? These are some questions wee had when speaking to Priority Tokens founder Victor Larionov. A special thanks to Jon & Jeremy from blockcamp.io. Crypto101podcast.comApogeecrypto.comReferal Links... CRYPTO 101: the average consumers guide to cryptocurrency *** this is not financial or legal advice***An interview no call no show had us starting thinking about the professionalism in ICOs. Let us share some thoughts with you.Show Notes Name: Aaron Pauls Fireside ChatContact Aaron Paul:[email protected]: [email protected]: ... CRYPTO 101: the average consumers guide to cryptocurrency *** this is not financial or legal advice***In the wake of the Cambridge Analytica scandal, we all want to know: WHERE IS OUR DATA! Datum is trying to put you back in control of your data by putting it on the blockchain, while also providing you Continue reading >>

Crypto Guide 101: Choosing The Best Cryptocurrency Exchange

Crypto Guide 101: Choosing The Best Cryptocurrency Exchange

Crypto Guide 101: Choosing The Best Cryptocurrency Exchange This article takes a look at important factors for you to consider before choosing the best cryptocurrency exchange. Wevecome up with a list of exchanges for you. There are many available exchanges that you can buy cryptocurrencies at, and navigating the right exchange can be hard. Theres a number of factors that you have to consider in ensuring that youve opened the right exchange based on your expectations, requirements, and whats best for you. The majority of exchanges offers only the top coins, which usually consists of Bitcoin and Ethereum. (See also: Coins, Tokens & Altcoins: Whats the Difference? ) This guide will help you make an informed decision on what exchanges is available, which you should pick, and the factors that are important to consider when opening a crypto account on an exchange. If youre new to cryptocurrencies, your first step would be to find an exchange that allows you to deposit money. Due to regulations, all exchanges require you to verify your account before depositing your funds, through the submission of your identity proof and any other personal information. Hence, you should find an exchange in your domestic country first to convert money from your bank account into Bitcoin. It is important to note that not all crypto exchanges accept fiat money; some exchanges only allow you to deposit coins (most commonly Bitcoin) to purchase other alternative coins. Bitcoin is the most popular crypto that is offered on almost all crypto exchanges, and represents the gateway to purchasing other coins. In other words, if you want buy any other coins, you must do the following: Step 1: Open a domestic cryptocurrency exchange in your country and verify your account (submit identity proof) Step 2: Continue reading >>

More in ethereum