Who Is Satoshi Nakamoto? Why It Doesn’t Matter

Last month’s events brought to the fore once again the question of the real-world identity of Satoshi Nakamoto. At the Deconomy blockchain conference that took place between 3 and 4 April 2018 in Seoul, South Korea, Ethereum co-founder Vitalik Buterin called speaker Craig Wright, an Australian computer scientist and businessman, a ‘fraud’ who didn’t [...]

By | 2018-05-16T01:32:33+10:00 May 16th, 2018|Bitcoin, Bitcoin Technology, Blockchain|0 Comments

Technical Analysis in the Bitcoin Markets

What is Technical Analysis?   Hailed by some as a highly effective tool set for interpreting financial markets and making informed decisions about price behavior, technical analysis can be understood as a kind of data science. Depending on who you ask, it can also be seen as something closer to a form of divination, [...]

By | 2018-05-03T20:44:19+10:00 May 3rd, 2018|Bitcoin, Bitcoin Technology, charts|0 Comments

How Bitcoin Transaction Fees Are Determined

Every time you send value over the Bitcoin network, you should include a small fee for miners. The amount of the transaction fee you pay is largely your decision. But the more you attach, the faster your transaction is likely to be included in the next block and confirmed on the ledger. Centralised payment [...]

By | 2018-04-24T00:19:29+10:00 April 24th, 2018|beginner, Bitcoin|0 Comments

Why the Bear Market is Good for Bitcoin

What is a Bear Market? Many people hear ‘bear market’ and immediately think of red charts, memes of the Titanic sinking, and a general sense of despair and misery. It’s one of those phrases that gets thrown around so much in the cryptocurrency sphere that the real meaning tends to get lost. That’s understandable! [...]

By | 2018-04-09T23:40:16+10:00 April 10th, 2018|Bitcoin, charts|0 Comments

What is a 51% Attack and How Big of a Risk is it to Bitcoin?

Cybersecurity, Vaults, and Background of a 51% Attack Before we dive into the specifics of a 51% attack, we need to look a bit at the larger concept of security. It is important to understand that in the world of networked technologies nothing is ever totally secure. The greatest cybersecurity experts in the world [...]

Bitcoin Mempool is Clear and Transaction Fees are the Lowest They’ve Been in 6 Months – What Happened?

What is the Bitcoin Mempool? When a Bitcoin transaction is initiated, it needs to be verified by the Bitcoin network before it can actually go through and be processed. In order to be verified, a miner needs to add the transaction into a new block, broadcast that block to the network, and the majority [...]

By | 2018-03-01T01:25:01+11:00 March 1st, 2018|Bitcoin, Blockchain|0 Comments

Will Cryptocurrency Adoption ‘Cross the Chasm’ to Go Mainstream in 2018?

In his 1994 book Crossing the Chasm, organizational theorist Geoffrey Moore describes and explores in detail the path a new technology must take before it goes mainstream. While the ideas he espouses largely belong to the era when Oracle, Sybase, Microsoft Word and WordPerfect were emerging technologies, the core theme is relevant to cryptocurrency [...]

By | 2018-02-01T23:14:20+11:00 February 3rd, 2018|Bitcoin, Bitcoin Technology, Blockchain|0 Comments

Could Atomic Swaps Be A Game-Changer for Bitcoin?

Bitcoin transactions are slow. It takes minutes, hours, or sometimes days for a transaction to be confirmed and added to the blockchain. As more and more people begin to use Bitcoin, the Bitcoin network tends to get bogged down with a big queue of transactions waiting to be confirmed. To get your transaction moved to [...]

By | 2017-12-05T21:50:10+11:00 December 5th, 2017|Bitcoin, Bitcoin Technology|0 Comments

How to Sell Bitcoin on Sellabitcoin.com.au

One Form. No Signups. If you are looking for a convenient way to sell your bitcoins, you are at the right place. Through sellabitcoin.com.au, you will be able to sell your bitcoins in no time without even having to sign up for an account. One form. No Signups. Simply visit sellabitcoin.com.au and fill in the [...]

By | 2017-11-21T23:12:53+11:00 November 21st, 2017|Bitcoin, Sell a Bitcoin|0 Comments

Bitcoin Segwit2x: How to Keep Your Funds Secure During the Fork

What is a fork and why is it happening?  2017 has been a breakthrough year for cryptocurrencies, with Bitcoin leading the way. Bitcoin has seen a huge uptick in media attention, adoption, and reached all-time highs in terms of value. While most Bitcoin enthusiasts will agree that entering the mainstream is good for the currency, [...]

By | 2017-11-07T01:49:48+11:00 November 7th, 2017|Bitcoin|0 Comments