BITCOIN

Bitcoin is a global Peer-to-Peer currency that is designed for the Internet. It is modeled after gold and behaves like cash online, and can be used by anyone.It has no central authority, and is deflationary in nature.

THE ELECTRONIC MONEY

THE ELECTRONIC MONEY

The only regulated factor built into the system is the number of coins generated through mining. Currently, the network allows approximately 25-30 Bitcoins to be mined every 10 minutes. This number halves approximately every four years.

 

The currency is divisible by 8 decimal places.(฿.00000001) The Bitcoin was developed by Satoshi Nakamoto.

SAmsung TOSHIba NAKAmichi MOTOrola.

Like fiat currencies, they are worth what we think they are.When the first Bitcoin exchanges went online,the price per Bitcoin was about $.05.Currently the price has been hovering around $300-500 per Bitcoin.Bitcoin reached its all time high in November of 2013 when it reached $1216.73 per coin.

There are currently four methods of acquiring Bitcoins.

1. Mining (Requires large investment).

2. Wiring in fiat currency to an BTC exchange.

3.Buying from an individual.

4. Selling items for BTC.

Bitcoins are stored in what are called wallets. A wallet is a randomly generated string of numbers and consists of two parts: the public key and private key.The second half of the Bitcoin wallet is what is known as the private key. The reason it is called a private key is that it is intended that only you, the wallet owner, has access to it.

Disclaimer: If anyone gets ahold of your private key, they will have access to all of your Bitcoins.

 

ALWAYS KEEP YOUR PRIVATE KEY CONFIDENCIAL!

Here are a few tips to keep your Bitcoins safe:

1. Use strong passwords.

2. Use 2 Factor Authentication for online services.

3. Always encrypt your wallet files.

4.. Keep your paper wallets in a safe and secure place.

5.ALWAYS run antivirus software if you are on.

 

Sending or receiving Bitcoins is as simple as scanning a QR code with your smartphone.Online services such as Blockchain.info and Coinbase both use their own official apps.Both have security features that require you to use a PIN to make transactions.Simply scan the receivers QR, enter the number of coins to send, and you are done.The transaction appears within the network almost instantly!

 

So  to conclude

Bitcoin is  a Smart currency in which everyone should invest due to the regular increase in the cost of bitcoin  and the easy methods of using the coin which make it pay anywhere across the globe.

Review MOTO G

MOTO G

Moto g “THE” phone everyone should buy,if got only $199 in your pocket. It has a great list of specs which makes it worth every penny . I bought this phone like a month ago and i am very much impressed with this phone as it sets its impression in every field . The display is great  , touch is very responsive and it work dam good when update with android 4.4.2 KitKat. It lacks in some field but its not bad , its just good and cannot be said excellent like the camera quality and the absence of NFC(As the chip set is very expensive) .  The speaker provided is very loud and has great digital sound . Processor used is snapdragon 400 with 1.4 GHz of processing speed which makes it very smooth and gaming with No lag.  The front camera is of 2 MP and is good(just). Moto g has a solid body with back panel with mat finish with (MY FAVORITE) Motorola’s LOGO with a dimple which make it feels great in hand and the led notification light beside the front camera which is catchy . The back panel can be changed , there are many different colors  in market which makes the phone new forever and keeps me trendy. So to conclude , “Moto g is a great phone”.