Bitcolife

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How to Get Bitcoin

If you're looking to get into the game of Bitcoin and hold your own coins, there are many options available. Here are some of the different methods available for acquiring some Bitcoin of your own.

Buy them from an exchange

One of the most common ways to acquire bitcoins is through an exchange. Websites like Bitstamp, BTC-E, or Cavirtex here in Canada, allow you to purchase Bitcoin. They do not sell Bitcoin themselves, but how it works is the exchanges pair you as a buyer with a seller who's selling for whatever price you're looking for.

This sounds like a great option, and ...

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Should I Invest in Bitcoin?

Over the past few months I have watched bitcoin’s value rise exponentially. I had no idea what bitcoin was and never even heard of crypto currency a few months ago. But with the recent government and media attention crypto currencies have received, they have gotten everyone’s attention.

Crypto currency or more simply digital money is gaining acceptance quickly all over the world as it makes transactions quicker and cheaper. These transactions are secured by cryptography and each transaction has its own signature or private key. With its rise in value and popularity everyone wants a piece of the action. There are ...

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I Review BitClub Network – Just Another Online Mon

Thanks for taking the time to read this BitClub Network Review! I’ve done some extensive research into the company, including talking to the creator of the compensation plan and business model, to get a full understanding of BitClub and the legitimacy of the program.

So let’s get straight to the point: “Is BitClub Network legit… or is it a scam?”

To answer that question we need to understand how mining operations work. There are literally hundreds of bitcoin mining operations going on right now out there on the internet that pretty much anybody can buy into.

BitClub Network is exactly that: a legitimate bitcoin ...

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Cloud Mining Contracts – Are They a Good Investmen

As readers of my blog know, I will only promote products and/or services that I myself use or invest in. I wanted to provide an update to the cloud mining contracts that I recently purchased. Cloud mining works differently than traditional mining in that you do not purchase any hardware to do the mining for you. This means you do not incur large electricity costs associated with owning your own machine. It is all done by others and you are simply buying into a pool. When I started them on May 23rd I wasn’t really too sure what to expect.

Since ...

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First Steps in Understanding Volume Analysis and H

Basically, volume is a measurement tool that reflects the overall activity in an instrument based on the number of buyers and sellers in the market. In other words, volume shows the enthusiasm of buyers or sellers during a specified period, as well as the liquidity of the instrument. Although volume may be displayed differently on charts, it is typically displayed as a single, non-directional, histogram which represents the total number of buyers and sellers for a given period. Non-directional means that as price is making higher highs or lower lows, the volume bars will typically be making new highs.

Typical volume ...