Bitcoin 10: Online survival guide

Posted in Business

Many think of Bitcoin as any other type of currency, like the dollar. But truth be told, it is more than this, it is a way of making online payments. It acts more like a PayPal r Visa. It stores your money, but it also lets you spend it on online transactions, fast and easy. Maybe the greatest thing about bitcoin is that it lets you do all this completely anonymously, which in many cases, it’s more than ideal. On the other hand, it operates completely transparent, all online transactions being recorded online, available for everyone to see. This transparency is designed to build trust in the new economic trends and encourage people to buy bitcoin with PayPal. Bitcoin is more than a way to make online transactions anonymously. It is a way to break down currency barriers and countries, and more importantly, a way to free national currencies from Governments.  However, people still have plenty of questions when it comes to bitcoin.

Why was Bitcoin created?

The main idea behind it was to create a financial mean that couldn’t be controlled by any Governmental entity at any given time. The system it’s supposed to stop producing bitcoins when it reaches the equivalent of 21 million, but this is not supposed to happen until 2140. Each bitcoin has an enormous value; each “piece” can be divided into hundreds of millions of units. And when the system will stop making money, the value of each “piece” will continue to rise.

Bitcoins – how to spend them?

Bitcoin is a math-based concept. As a result, this means that the entire concept is based on cryptography. They are associated with an address on the Internet and a private key, so this is how people spend, use make transactions involving bitcoins, and this is what stops others from stealing your supply.  Unlike traditional Internet or e-mail addresses, those associated with bitcoin are rather complicated, a mix of letters numbers and symbols. You might know where to buy bitcoins from, but you might have questions how these transactions work. It’s a rather simple process. If someone wants to send you bitcoins, they need the internet address associated with you. If you want to send, you must also know the address associated with the recipient. The great thing behind these transactions is that if the numbers don’t add up to the central database, the transaction is rejected. Thus, you cannot trick the system. For those who want an even more facile experience when trading bitcoins, there are bitcoin wallets. They can keep track of the numbers for you.

How to get bitcoin?

You can find online platforms specialised in buying or selling bitcoins on reliable addresses such as BITELEC, or you can do it in the old-fashioned way of mining. However, mining is way too much of an effort, and we advise you to use these types of platforms.

The bitcoin world is a truly fascinating one. While it offers complete anonymity, it is also a highly transparent database, with all online transactions.

Read More

How can you use your bitcoins?

Posted in Business

To many people who are not familiar with this field, “bitcoin transactions” may sound like something coming from a virtual game or something that children play with in the online world in order to “learn the importance of money”. Nevertheless, bitcoins have become more and more popular nowadays. To put it simply, they are the latest virtual currency people use in order to pay various things they want to buy. Since there has been an increase in the number of people interested in utilizing bitcoins, many online platforms have emerged as well and they all offer people the possibility to buy bitcoin with credit card, PayPal and not only. If you are wondering what exactly you can do with your bitcoins, here are some good answers below.

One of the most popular uses of bitcoins today is in gambling. Some people are passionate about gambling and they enjoy this hobby every once in a while. Other people though, find gambling a great monthly income increase opportunity, which is why they take this hobby to a completely different level, thus utilising bitcoins in the gambling process. Until not very long time ago, people had to use real money to play virtual poker for instance, but today, they can also use bitcoins by depositing them into the poker rooms and utilize the currency as a buy-in. Also, gains can be turned into bitcoins if you want and this can be a great advantage later on, when you decide to make some investments. You can use bitcoins instead of cash.

Today, you can use bitcoins in financial trading as well. Many binary options and currency brokers believe that by depositing bitcoins in certain currencies, such as dollars or euros, one can make some good money fast and effortlessly. You speculate the price of the bitcoin, whether it will fall or raise, and if you are right, you have the chance to significantly increase your profits. Keep in mind that in order to succeed in this, you need to know exactly what bitcoins are, how to make good predictions based on various factors, how to calculate bitcoin exchange rate and where the best rate can be found. It is ideal you do detailed online research and get well informed before you enter the bitcoin world and start trading virtual currency, because otherwise you risk to lose everything you already have.

Another way you can use bitcoins is to actually lend them to other people. Remember that this doesn’t mean that you have to give bitcoins to your friends or acquaintances for free and never get your money back from them. Lending bitcoins is equal to depositing them in some sort of “account” that you don’t have access to whenever you want, or this is what you should think of in such situations. The moment you receive your bitcoins back, the exchange rate may have increased, which means that you have the chance to increase your profits. Lending bitcoins to other people is probably the easiest method through which you can earn even more money, on the condition that the person you are lending them to is reliable and trust-worthy. Once you get your bitcoins back, check Bitelec to see what the best exchange rate is.

Read More

Bitcoin vs. credit card transactions

Posted in Business

The definition given to bitcoin by its founder touches the core of the main difference between the two. The founder described the system as a peer-to-peer electronic cash system. In some sense, bitcoin payments are similar to credit card transactions, without going through any type of financial entity or establishment. The entire process is executed through a private network of computers. However, these transactions use cryptography to secure it, which makes the entire process highly reliable, while it is at the same time, highly transparent. Make sure to buy bitcoin currency from reliable platforms, always.

On the contrary, credit card transactions are operated through a financial institution, in which the entity is using your acceptance given to the seller, to pull some money out of your account and move it in theirs. While normal credit card transactions involve four parties (the cardholder, the merchant, the acquitter and the issuer), in bitcoin transactions there are involved only two parties in the process: the seller and the buyer. Also, when operating bitcoin transactions it is not necessary to provide personal identification data, such as your name or address. You only use a private key and address and manage your money depending on your necessities. Also, there are quick response codes or solutions, which allow the holder of the currency to make quick transactions.

A thing worth keeping in mind is that bitcoin transactions cannot be reversed, getting a refund being possible only with a transaction operated by the receiver of the initial amount. On the other hand, credit card transactions can be cancelled, if you change your mind. Another difference between the two is that while you can store your cash or credit card inside a physical wallet, bitcoins will be stored in an electronic wallet that you can install in your smartphone or computer. Also, while credit card transactions can be quite expensive sometimes, bitcoin merchants have low to inexistent fees for these transactions, which makes them more affordable. Bitcoin currency can be bought by bitcoin exchange, but there are several other ways to get it, such as mining.

For both merchants and buyers the advantage of operating with bitcoin is the simplicity with which the transactions are made. Bonus, they are anonymous and no interruptions will ever intervene, unlike in the case of traditional transactions. Also, another great difference between the two is that once you lose bitcoins, they remain lost. Nobody else can use them, as nobody can simply guess the private key. Although they remain in the cycle, there is literally no way to use them, so they remain dormant.

Bottom line is that bitcoin might be one of the greatest currencies available currently, not being affiliated with any government, not being controlled by any other financial institution. Make sure to buy your bitcoin currency from reliable platforms such as BITELEC, and you should be just fine. Also, investing in this currency has the great advantage of offering increased levels of online privacy, while being at the same time completely transparent.

Read More

The advantages of using a classified ads website for business purposes

Posted in Business

Classified ads have become the rage of our era, at least from a business point of view. Businesses of all kinds post and advertise their companies on these platforms, and this leads to higher profits in many cases. These platforms benefit both merchants and buyers. Buyers can find and compare different offers for the same products, from different companies, while all companies registered on such platforms can advertise their businesses in a highly efficient fashion. In certain countries, these platforms gained high popularity, and this business directory in Zimbabwe prides itself with a lead position in the industry. However, let’s analyse the advantages of using such products.

  1. Save time and money

Classified ads help businesses all over the world to invest lower amounts in advertising and marketing, yet to obtain better results. With traditional marketing solutions, your ads are very likely to be seen only on traditional media support, such as radio, television or newspapers. Also, you must invest some time and resources for creating the marketing material itself. However, in the case of classified ads, you only have to submit your business on the platform, and a great team will take care of the rest, in many cases, even without any fees required. Also, at request, classified ads websites can create even more complex content if this is what suits your necessities.

  1. Reach

When investing in products such as Zimbabwe classified ads you can be sure that your ads will reach visitors that are very likely to invest in them. Also, classified ads are advertised exclusively in areas in which they are relevant. For instance, classified ads in Zimbabwe have no point in being advertised in the States. This is why you will find only relevant content on these platforms. They are targeted to a specific audience that is very likely to be in need of a product or another that your company is retailing. Also, many classified ads servers allow you to specify the area in which you serve, so they will be even more targeted to a specific audience.

  1. Access to more individuals

When advertising your company by using traditional methods, you are very likely to reach only those interested in your products, which are also using exclusively these means. However, you will have access to mare potential customers if you use classified ads as an advertising method since in the past few years, the vast majority chooses to inform themselves and find useful information online. Combining traditional advertising methods with classified ads is an even more efficient marketing method, because you reach two types of consumers: those who prefer spending time online, and those who are fans of traditional means.

  1. Direct contact

Classified ads platforms, like Zim Yellow Pages, let the users get in touch with the companies, by providing reliable e-mail addresses, as well as phone numbers and so on. This means that more people are more likely to use them, specifically for the ease with which they can get in touch with the company.

Read More

Everything you need to know about Bitcoin transactions

Posted in Business

In the era of technology we are living in nowadays managing to understand how Bitcoins work is paramount. You’d be amazed how helpful Bitcoins are when you are tired of organizing finances with real money. Bitcoin wallets are a great alternative for keeping track of your work fully digital and without trouble. Also, you won’t have to worry about changes in the currency. Bitcoin values are changing daily and this is why you should follow their worth every now and then. Spending Bitcoins can be easy to get if you are focusing your attention on some general concepts.

For instance, you can actually sell Bitcoin when simply trading with another person via a connection that’s usually intermediary. Either you are deciding to sell over the Internet or peer-to-peer marketplaces you transaction should be safe and sound. Direct trades are services offered by websites that register you as a seller and verify your identity in order for the process to be secured. Once registered, you will be able to interact with buyers and sellers from all around the world and complete trades at your own pleasure.

There are three components of a transaction: the input, output and amount. These represent the seller, the buyer and the actual amount of Bitcoin being transferred. First thing first, you should understand how Bitcoins work – they are encrypted data which translates in digital currency. Bitcoins are used between individuals and they are strictly independent of banks. Although their use is quite controversial, many people prefer doing transactions with the help of those rather than perfect money. Crypto-currency is completely legal and their value is genuine. Bitcoins do not need storage of movement from a bank to another. All you have to do is simply buy Bitcoins or make PM to Bitcoin exchanges and you are ready to go.

Why choosing Bitcoin transactions over real money: because you will surely save time and stress. A Bitcoin transaction usually takes seconds to complete and the Bitcoin block chain is based on a confirmation system including digital signatures. Just a simple Internet connection will do the job for you. Also, the Bitcoin system doesn’t require a history of your transaction or your actual name or digital wallet info.

You won’t have to worry about security. Taking basic precautions like you would with real money means hackers will stay away from your information. You can store Bitcoin wallets both online and offline, which means you are able to use an external hard drive or other storing device and you don’t need to think about the vulnerability of the online environment. Each time you are making a transaction you will need to update your Bitcoin wallet and make sure everything is correct. Websites such as Bitelec offer a very easy to use platform that won’t cause you any trouble in the process. Just choose either you want to sell or buy Bitcoins and fill in the blanks. You’ll complete your transaction in an instant and all your problems will be solved. Isn’t that convenient?

Read More

Adequately choosing cash money cars Maryland companies

Posted in Business

Because the car market has diversified its options at such a fast pace and prices have gone down, it is rather complicated for car owners to profitably sell their old vehicles. Buyers are not easily found and even if they are, before closing the deal, several investments should be made. As you can imagine these investments affect the overall profit of the sale. So, in conclusion, selling old vehicle is not simple and as it turns out, it is not even that profitable, unless you decide to approach the matter in a different way. Indeed, there is a different way to obtain cash for cars in Maryland and it is less complicated than the one you were already used to. Surely you are wondering what the cash money cars Maryland solution is all about. Well, for starters, you are selling your old car to a company instead of an actual person, which is why things might turn out to be simpler than before. Companies of this kind have various reasons for which they purchase cars and sometimes, they do not exactly look at the condition of the vehicle. Of course this could affect the price. Then again, if you cannot use your car, obtaining any sum of money for it is a plus. There are indeed several interesting advantages to selling your car in this manner, but in order to enjoy them all, you should spend some time searching the market and trying to find the right fit for your needs. Make sure you are working with the right company.

Start by looking at reputation. This might seem as a general aspect to consider in a search of this kind. However, it does not mean that it is less important. Reputation is incredibly important, as it takes time to build it and most importantly, hard work. In other words, if you consider reputation, you should find out whether or not you can trust the staff. Reputation is important and even though it may seem much too general, you should still consider it attentively. Secondly, you should look at the actual process. It is very important to check the steps involved and focus on the details connected to each step. See if you need certain documents to complete the process or if there are special mentions you need to know about. Obtain these pieces of information from the very beginning, so the process develops smoothly and without problems.

Last but not least, you should take into account customer feedback. Now this is a crucial aspect, because it allows you to look directly into the experiences of former clients. You can discover all the problems and issues other customers have had to face and decide whether or not collaborating with the company in question is in fact a good idea. SellYourCarHere is the solution you should be taking interest in. This company fits the profile perfectly, being highly professional and dedicated, making sure that all clients are fairly treated and rewarded. If you are interested in selling your old vehicle in this manner, do consider looking up this company.

Read More