Product Detail

Gold Bitcoin Coins Cryptocurrency in Protective Collectable Gift

$5.95

  • PRODUCT INFORMATION:
  • Size: 1.5 x 1.5 inches
  • Color: Gold
  • GREAT DESIGN:
  • Item Weight 0.317 ounces
  • Diameter: 40mm
  • Thickness: 2.7mm
  • Quantity:1 Pc
Qty:
SKU: PB788 Category: Tags: ,

Gold Bitcoin Coins Cryptocurrency in Protective Collectable Gift

Bitcoin is a cryptocurrency and worldwide payment system.
It is the first decentralized digital currency, as the system works without a central bank or single administrator.
The network is peer-to-peer and transactions take place between users directly, without an intermediary.
Our Bitcoins were designed by a professional expert and produced in a very clean and friendly environment.
You can show your Physical Bitcoin Coin with pride for those non believers on your technical analysis of the influence of Bitcoin.

LONG-TERM PROTECTION:
Our coins were protected by a clear protective case, keep them sealed with our hard plastic case when unused.
ABOUT BITCOIN:
Bitcoins are created as a reward for a process known as mining.
They can be exchanged for other currencies, products, and services.
As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.
Research produced by the University of Cambridge estimates that in 2017, there were
2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.

How cryptocurrency works?

To own or pay for something in cryptocurrency, you need a wallet for that currency. A cryptocurrency wallet doesn’t actually hold any currency; it merely provides an address for your funds on the blockchain. A cryptocurrency wallet also includes private and public keys that enable you to complete secure transactions. You can buy or sell cryptocurrency in exchange for a fiat currency, such as the U.S. dollar, using a cryptocurrency exchange.

Exchanges, which can hold deposits in both fiat and cryptocurrencies, credit and debit the appropriate balances of buyers and sellers in order to complete cryptocurrency transactions. You can also use cryptocurrency to buy something, like a product or service. Every time you buy cryptocurrency or use it to complete a purchase, you authorize the movement of a specified amount of the cryptocurrency from your wallet address to the wallet address of the seller.

The transaction is encrypted with your private key and pushed to the blockchain. The cryptocurrency network’s miners access your public key to confirm that your private key was used to encrypt the transaction. Once the block that includes your transaction is confirmed, the ledger is updated to show the new cryptocurrency balances for both your address and the seller’s address. This entire process is conducted by software. Cryptocurrency works because blockchain works. Blockchain technology gives everyone a copy of every transaction and uses the blockchain to ensure that everyone’s copy is, and remains, the same. That transparency makes cryptocurrency transactions work.

Best cryptocurrencies

Determining a “best” cryptocurrency is practically impossible. People use different cryptocurrencies for different purposes. Some use it for transacting, while others hold it as an investment asset. Some consider investing in cryptocurrency as an alternative to buying gold. Companies can require you to buy their cryptocurrencies in order to use their services. Buying Bitcoin is an obvious choice for anyone interested in cryptocurrency.

It’s widely supported as a form of payment — at least more so than other cryptocurrencies — and a well-established ecosystem of software is available to facilitate transactions. The sizable network of miners makes transactions very secure, provided that you don’t reveal your private key. Ether is another attractive option because of the value that Ethereum provides to the broader cryptocurrency sector. Tether is the most popular stablecoin available. Stablecoins are pegged to assets with low volatility, such as the U.S. dollar or gold, and Tether is backed by a 1:1 reserve of fiat currency. Litecoin is popular among those interested in spending cryptocurrency on everyday purchases. Mining a block of Litecoin takes only 2.5 minutes versus 10 minutes for a block of Bitcoin. These faster transactions also have extremely low transaction fees, making Litecoin suitable for small payments.

Are cryptocurrencies a good investment?

Cryptocurrencies are not simply “good” or “bad” as investments. Cryptocurrencies may fit well in a diversified portfolio of assets, but putting most or all of your money in an asset class as volatile as cryptocurrency is unlikely to serve your portfolio well. The newness of cryptocurrencies makes their risks not well understood, which translates into poor understanding of how cryptocurrency values correlate with the values of other assets.

Not enough historical data exists to confidently predict how the prices of cryptocurrencies fluctuate when the prices of other assets change. This lack of visibility creates an obstacle to establishing a balanced portfolio that maximizes returns without exceeding your desired level of risk. Lack of historical data notwithstanding, many investors — including institutional investors, banks, and company CEOs — assert that cryptocurrency should be part of everyone’s portfolio. Understanding what cryptocurrency is, how it works, and what value it can provide over fiat currency is an important first step before investing money in cryptocurrency.

Weight 6 lbs
Dimensions 3 × 3 × 1 in

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