Bitcoin and Blockchain news, Explained
Sep22

Bitcoin and Blockchain news, Explained

How can I get news about Bitcoin and Blockchain on a daily basis? There are different ways you can get your updates, but they will probably be of different sources, all in different places. And you usually end up spending tons of time looking for updates on the market, trustworthy news or just something interesting to read. Cointelegraph, Coindesk & Cryptocurrency Australia (this site) is an online news source with dozens of news...

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Bitcoin Price, Explained
Sep22

Bitcoin Price, Explained

How did Bitcoin price develop? Bitcoin price has its own wild road. In 2009, the year Bitcoin was created, nobody could have thought it would gain such popularity. The initial price was about $0.001. Over the next five years there were no significant events, so the price rose slowly with little fluctuations. In 2013, Bitcoin attracted a lot of attention because of the Cyprus banking crisis. In November 2013, the Chinese started to buy...

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What Are Cryptocurrency Debit Cards, Explained
Sep22

What Are Cryptocurrency Debit Cards, Explained

What are cryptocurrency debit cards? UPDATE 9th JANUARY 2018. Unfortunetly, there are no working cryptocurrency debit cards available in Australia yet. we suggest to buy, sell & trade with Coinspot. Once the debit card is available, we will update it here with a working purchase link. Until then, we suggest selling on Coinspot and getting the amount transfered to AUD Currency to your Australian bank account, which is all possible...

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How Can You Actually Spend Your Bitcoins, Explained
Sep22

How Can You Actually Spend Your Bitcoins, Explained

I have some Bitcoins and altcoins. Can I spend them anywhere I want? Nope, sorry.  Unfortunately, Bitcoin is still pretty far away from becoming a universally accepted currency. Alternative cryptocurrencies seem to be even farther away from that point. It has been a crucial problem for Bitcoin since its very beginning. What good is digital money if you can’t really spend it whenever you want? And the efforts of the community to...

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How Cryptocurrencies Maintain Their Price, Explained
Sep22

How Cryptocurrencies Maintain Their Price, Explained

Firstly, what do you mean by “maintain their price?” While being traded on the markets, cryptocurrencies experience various forces which push their price up or down. There is a range of measures which can be implemented in order to keep the price stable, or rising. The price of a cryptocurrency is a reflection of its value. The more useful it is, the higher the demand for it will be. That demand is what drives the price of any one...

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