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Monday, February 4, 2019

Bitcoin Basics

For someone not familiar with Bitcoin, the first question that comes to mind is, "What is Bitcoin?" And another common question that is often asked relates to the Bitcoin price. It started out a under 10 cents per Bitcoin upon its introduction in early 2009. It has steadily steadily since and has hovered around $ 4000 per Bitcoin recently. So regarding Bitcoin value or the Bitcoin rate this is a remarkable remark of value and has created many, many millionaires over the last eight years.

The Bitcoin market is worldwide and the citizens of China and Japan have been particularly active in its purchase along with other Asian countries. However, recently in Bitcoin news the Chinese government has tried to suppress its activity in that country. That action drve the value of Bitcoin down for a short time but it soon surged back and is now close to its previous value.

The Bitcoin history chart is very interesting. Its creator was an anonymous group of brilliant mathematicians (using the pseudonym Satoski Nakamoto) who designed it in 2008 to be "virtual gold" and released the first Bitcoin software in early 2009 during the height of the USA economic crisis. They knew that to have a valuable value, it like gold had to have finite supply. So in creating it they capped the supply at 21 million Bitcoin.

Bitcoin mining returns to the process by which new Bitcoin is created. With conventional currency, government decides when and where to print and distribute it. With Bitcoin, "miners" use special software to solve complex mathematical problems and are issued a certain number of Bitcoin in return.

A question that then arises is, is Bitcoin mining worth it. The answer is NO for the average person. It takes very sophisticated knowledge and a powerful computer system and this combination of factors makes it unattainable for the masses. This applies even more to bitcoin mining 2017 than in past years.

Many wonder, who accepts Bitcoin? This question gets asked in various ways, what are stores that accept bitcoin, what are websites that accept bitcoins, what are some retailers that accept bitcoin, what are some places that accept bitcoin and where can I spend bitcoin.

More and more companies are beginning to see the value of accepting cryptocurrency as a valid payment option. Some major companies that do are DISH network, Microsoft, Expedia, Shopify stores, Newegg, Payza, 2Pay4You, and others.Two major holdouts at this time are Walmart and Amazon.

Ethereum is the strongest rival to Bitcoin in the cryptocurrency market and many wonder at the question of Bitcoin vs Ethereum. Ethereum was created in mid-2015 and has gained some popularity but still ranks far behind Bitcoin in usage, acceptance and value.

A question that often comes up often related to Bitcoin scam. This author has a friend who made a purchase from a company that promised 1-2% growth per day. The company website listed no contact information and after a couple months the website simply vanished one day and my friend lost all the money he had invested which was several thousand dollars.

One has to know how to buy Bitcoins, how to purchase Bitcoin or how to buy Bitcoin with credit card in order to get started. Coinbase is a very popular site to do this. Their fee is 3.75% and the buying limit is $ 10,000 per day. This would probably be the easiest way to buy bitcoins.

Others would like to buy Bitcoin with debit card. Coinbase also provides this service and has clear step by step instructions on how to proceed with either your debit or credit card.

There are those who would like to buy Bitcoin instantly. This can be done at Paxful, Inc. and can be done through W. Union or any credit / debit card.

Other common questions that come up are what is the best way to buy Bitcoins, the best way to get bitcoins or where to buy bitcoins online. The easiest way is probably to purchase it through a digital asset exchange like the previously mentioned Coinbase. Opening an account with them is painless and once you link your bank account with them you can buy and sell Bitcoin quite easily. This is quite likely also the best place to buy Bitcoins.

One must know what a Bitcoin wallet is and how to use it. It is simply the Bitcoin equivalent of a bank account. It allows you to receive Bitcoins, store them and send them to others. What it does is store a collection of Bitcoin privacy keys. Typically it is encrypted with a password or otherwise protected from unauthorized access.

There are several types of digital wallets to choose from. A web wallet allows you to send, receive and store Bitcoin though your web browser. Another type is a desktop wallet and here the wallet software is stored directly on your computer. There are also mobile wallets which are designed for use by a mobile device.

A question that occasionally comes up is that of Bitcoin stock or how to buy Bitcoin stock. By far the most common way to proceed in this area is to buy Bitcoin directly and not its stock.

There is one entity called Bitcoin Investment trust which is an investment fund that is designed to track the market flow of Bitcoin. Some analysts are still calling this a risky way to become involved in this marketplace.

The Bitcoin exchange rate USD is a closely watched benchmark both on a daily basis and long term over the last 8 years since its introduction to the world's financial marketplace. A popular company to receive the most current rate in Bitcoin valuation is XE. They show Bitcoin to USD valuation and also the complete Bitcoin price chart, the Bitcoin value chart and the Bitcoin to USD chart. If you ask, "How much is one Bitcoin?" you will always know from their continuously updated charts.

Similar questions that come up in this area relative to the bitcoin rate history, the bitcoin price chart live, the bitcoin to dollar exchange rate, the bitcoin dollar chart and the bitcoin 5 year chart. The previously mentioned website, xe, is also a good source for answers to these questions.

Regarding Bitcoin cash, ie. to get USD from selling Bitcoin, Bitwol is one company that enables you to do this. WikiHow is another company that will take you through this process.

Bitcoin projected value is a subject often discussed. In January of 2015 the price of one bitcoin was $ 215. Currently it is around $ 5000. This is a phenomenal increase and one far beyond what most experts would have projected at that time. Currently in reviewing forecasts from experts around the world a common answer looks to be that the top value will settle in at around $ 10,000 and one expert even projected a value reaching $ 100,000.














2018 Is the Year of the Masternodes Cryptocurrencies

Digital treaties such as Bitcoin and Ethereum are in the news headlines everyday. The properties that make these cryptocurrency unique is their abilities to act as a store of value, and lightning quick transfer speeds, or at least with the introduction of the lightning network for Bitcoin, and Ethereum 'Casper switch to pos and its smart contract capabilities allow cryptocurrency to be more than just money. Now Masternodes coins are all the rage due to the added incentive it gives to owning a percentage of a certain currency.

If you could imagine your good old blue faced hundred dollar bill being on stereoids then you would be close to imagining a masternodes coin. In the world of cryptocurrency, proof of stake is the method of confirming transactional hash that contains the consensus and keeps all the notes on the same page, so that there can not be double spending of any certain transactions and all is well with the network consensus. Staking your coins is a way of utilizing the amount of currency you own and syncing your digital wallet with the network to help maintain it, and in return you receive an incentive for helping validate the transactions. To run a masternodes, one must have a set of coins running on a network and follow the Masternodes setup instructions for whichever currency you are planning on investing in. The added incentive is amazingly more than just staking your coins, in some cases, upwards of 1500 percent annually. It is these astronomical return on investments that is really bringing a ton of attention and investment into the Masternodes market.

One crypto planning on releasing a Masternodes coin early 2019 is the Tattoo Allince Token, to be a side chain on the Egem blockchain, whichs on disabling the tattoo industry by creating a tokenized rewards system for both people wanting to buy tattoos and the artists who look forward to applying the artwork in return for the token. I believe this will be an amazing and refreshing idea and a great way to add long term benefits for tattoo artists who up till now have no 401k or incentive program in place. I am optimistic about this crypto since it drives to achieve great rewards and add value to a cash heavy industry. I believe that alongside the Masternodes capabilities, it will also have staking and a smart contract protocol as well as offering decentralized autonomous governance and a memberships rewards program. Look for more on TAT Masternodes token, coming early next year.














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Unique Ideas for Personalized Jewelery

Personalized jewelery is such a great gift for someone you love on a special occasion. From engraved rings that carry a personalized message to charm bracelets that have a carefully chosen selection of charms, we've got some great ideas on great ways to add to that extra extra special to your gift.

Trollbeads

Trollbeads are a wonderfully unique gift. Each charm has it's own story and origin and crafted with only the finest silver, 18 carat gold, Murano glass and precious stones. Because each piece has it's own story, it is easy to find a beautifully unique piece of jewellery perfect for someone special.

Trollbeads have received recognition all of the world as not only wearable pieces of jewelery but also as works of art and have been exhibited as such.

When choosing one or a selection of Trollbeads for a bracelet or necklace, consider the person you are giving it to and think of their favorite colors, their birthstone, whether they wear gold or silver and what pieces are inspired by what they like.

A unique bracelet with a hand picked selection of charms

A charm bracelet is a great gift as it not only is something you can personalize with a selected number of charms, but it also is something that they can add to and you can continue to give them for years to come.

When choosing charms, think about the things they enjoy, hobbies they have and their favorite colors. There are so many charms to choose from that you are sure to be able to find almost any type of charm you are looking for. Some charms include precious stones and gemstones which can also look great on a charm bracelet.

An engraved piece of jewelery

Engraved jewelry is a great way to say something special to someone and make sure they remember that message every time they wear that piece of jewellery. Diamond rings are always a gift that will never disappoint, but by adding an engraved message you are adding something extra special to your gift.

Just keep in mind that some metals can not be engraved and if it is a ring or bangle you are wanting to have engraved, keep in mind it needs to be of a certain width to be able to have the engraving service done.

If you are stuck for a message, a great idea is to look on the Internet for quotes and personalized messages.

Something you design yourself

Many jewelers have a service where you can discuss with them a design you want and together create a wonderfully unique piece of jewelery. This makes a wonderful thought gift and something the person you are giving it to will treasure.

Just keep in mind that this process may take time, so make sure if you are wanting to design something, you need to start the design process months in advance to make sure you have it by the date you want to give it.

Jewelery is such a wonderful gift. By personalizing it, it becomes something even more special. I hope we've inspired you with some great ideas on how to personalize your gift next time you are buying something for someone special.














Electrical Engineering Technology

In order to succeed in their jobs, electrical engineers have to familiarize with a variety of electrical engineering technology. To deal with various aspects of electrical engineering technology, electrical engineers must become familiar with various theories of communications, electricity, and electronics. Electrical engineers can use electrical engineering technology to help them develop new systems, test systems, and make older systems more effective and efficient. Electrical engineers learn the drafting, designing, and technical skills that they will need to put their ideas as an electrical engineer into action.

One type of electrical engineering technology that electrical engineers must be very familiar with is the technology of circuits and how they work. In its simplest form, an electrical circuit is a connection of electrical elements that is in a closed loop to allow the current to pass through continuously. Electrical engineers learn how to predict where the current is in the circuit and the voltage that is in the circuit, as well. In today's world, it is much easier to design circuits than ever before due to newer electrical engineering technology that has software called circuit simulation software, to design the circuits safely and effectively.

Digital and analog electronics is another form of electrical engineering technology that engineers must be well acquainted with to perform their jobs. Both digital and analog electronics are used in computers and phones, however, digital electronics are becoming more widely used as analog electronics is becoming more and more outdated. This form of electrical engineering technology requires that engineers understand Boolean algebra, digital circuits, and how logic gates work. Even those that deal with digital electronics must also understand the electrical engineering technology of analog electronics as well. Digital electronics are usually built with various analog components, so understanding how analog electronics work is essential.

Another type of electrical engineering technology that electrical engineers must be familiar with is opto-electronics. This technology deals with how light interactions with devices that are electric. Various forms of light that may be used to interact with these devices include X-rays, infrared, gamma rays, and ultraviolet rays.

Electronic engineers also have to familiarize themselves with the electrical engineering technology that deals with control systems as well. Control systems are used to control electrical devices as well as regulate and command them. Engineers must know the differences between sequential controls and linear controls and how to properly and effectively use these control systems. This type of electrical engineering technology can be used in a variety of ways from controlling your computer to controlling aspects of a space shuttle.

If electrical engineers are going to be effective in their jobs, they must understand electrical engineering technology and how it works. There are many different technologies that they must use together in their work each day. Because of the knowledge required, becoming an electrical engineer is not for the fault of heart. It takes years of study and work to be able to implement various forms of electrical engineering technology in order to successfully complete electrical engineering jobs.