The Bitcoin Bubble. Is Bitcoin Here to Stay? Will the Bubble Burst?

Download or read book The Bitcoin Bubble. Is Bitcoin Here to Stay? Will the Bubble Burst? written by Robert Pemberton and published by Createspace Independent Publishing Platform. This book was released on 2018 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Bitcoin Bubble. Is Bitcoin Here to Stay? Will the Bubble Burst? The world is currently transfixed by the rise of Bitcoin. It is the King of Crypto Coins. But what is driving its exponential increase in value? Is it a temporary price bubble that is about to burst? Just like the Dot Com boom bubble burst? Will the Bitcoin price come crashing down? Will the King of Crypto Coins fall? Are there other Altcoins (a term used to describe alternative coins to Bitcoin) which offer more real value and which may replace Bitcoin as the premier coin? Will the successful coin of the future be one that has the backing of major Fortune 500 organizations, financial institutions and government departments? This book attempts to answer these questions. The world is at the dawn of a new revolution: The Cryptocurrency revolution. Just like the industrial revolution, the information revolution and the mobile revolution, the crypto revolution will define how people and institutions will exchange money and do business with each other. The purpose of this book is to help you cut through the hype and to explain in clear and simple terms what cryptocurrency is and how you can benefit from it. There is an avalanche of misinformation out there on the internet, generated by hype and hysteria over the massive rise in value of crypto currencies. This book cuts through the hype and guides you step by step through all the concepts you need to know in order to make sound decisions about things such as: Should I invest in cryptocurrency. What is an Altcoin? Altcoins vs Bitcoin. What is blockchain? What is mining? Should I mine crypto coins or just buy crypto coins as an investment? If I mine, should I buy my own mining rig or should I use a cloud based miner? Do I need GPU cards or will just a CPU do? These are just a few of the questions that this book answers. After the basic concepts have been explained, we will focus on some of the popular Altcoins which are emerging as strong cryptocurrencies and that have pros and cons over other minor crypto currencies. At the end of the book you will have a sound understanding of what cryptocurrencies are all about and why they should matter to you. A handy glossary of crypto terms has been added as a quick reference towards the end of the book together with a section on protecting your identity from identity theft, a major consideration when signing up to crypto exchanges, brokers and websites. Contents: Introduction. What is Cryptocurrency? What is Blockchain? Is Blockchain hack proof? What is mining? What is an Initial Coin Offering? Altcoins vs Bitcoin. What is Litecoin and LTC? Why should I consider Litecoin? Litecoin Value. Litecoin Investment in a nutshell. What is Ripple and XRP? Why should I consider Ripple? Ripple vs Bitcoin. Ripple Value. Ripple Investment in a nutshell. Ways to invest in any cryptocurrency. What are the best places to buy Altcoins? What is Market Capitalization? How is identity verified? Do I need a wallet? What are the best wallets? Buyer protection. Coin tracing. Scams. Comparison of top Cryptocurrencies. So will the Bitcoin Bubble Burst? Glossary of Crypto terms. Useful Websites. Tips to avoid identity theft.