All Posts

Craigslist Sellers Can Now Request Cryptocurrency Payments

Nikhilesh De

Online classifieds marketplace Craigslist has added a feature that lets users specify that they accept cryptocurrency payments.

While the site’s users have been able to point out in the text of their posts that they may take bitcoin or another cryptocurrency, the website now allows users to more directly advertise by selecting a check-off box for “cryptocurrency ok.”

What is Cryptocurrency?

A cryptocurrency is a medium of exchange like normal currencies such as USD, but designed for the purpose of exchanging digital information through a process made possible by certain principles of cryptography. Cryptography is used to secure the transactions and to control the creation of new coins. The first cryptocurrency to be created was Bitcoin back in 2009. Today there are hundreds of other cryptocurrencies, often referred to as Altcoins.

Bitcoin and Crypto Technical Analysis For beginners

Crypto traders have several tools to assess the cryptocurrency market. One of them is an approach known as Technical Analysis. Using this method, traders can get a better understanding of the market sentiment and isolate significant trends in the market. This data can be used to make more educated predictions and wiser trades.

Tech analysis considers the history of a coin with price charts and trading volumes, no matter what the coin or project does. As opposed to technical analysis, fundamental analysis is more focused on establishing if a coin is over or under valued.

How Much Is Bitcoin Really Worth?

Rob Berger , Contributor

I write about building wealth and achieving financial freedom.
Opinions expressed by Forbes Contributors are their own.

I’m sitting at my kitchen table at 6:31 p.m. ET on Friday, December 1, 2017. The price of Bitcoin is $10,790.58.

It’s here that I’m reminded of something Warren Buffett’s often said. Price is what you pay, value is what you get.

So what value does a Bitcoin buyer get in exchange for $10,790.58 of his or her hard earned U.S. dollars? That’s what I’m going to attempt to answer in this article.

Before we can attempt to value Bitcoin, we first must agree on what it is. That turns out not to be so easy.

What is cryptocurrency, how does it work and why do we use it?

Cara McGoogan Matthew Field

Cryptocurrency is a form of digital money that is designed to be secure and, in many cases, anonymous.

It is a currency associated with the internet that uses cryptography, the process of converting legible information into an almost uncrackable code, to track purchases and transfers.

Cryptography was born out of the need for secure communication in the Second World War. It has evolved in the digital era with elements of mathematical theory and computer science to become a way to secure communications, information and money online.