\
Bitcoin Whales are individuals or group of people who hold vast quantities of bitcoin and can sometimes sway the market towards their preferential price.
There are many trading maneuver's whales use to profit like using a trading tactic commonly called the rinse and repeat cycle. The rinse trade is used in many types of market and can be effective if timed correctly and very profitable if you are a bitcoin whale, The trader with a lot of holdings start selling bitcoins lower than the market rate which at times can cause a panic sell of by small time traders. The trick is the whale sold just below the current market value and just enough to watch panic ensue. Then the whale waits and watches the panic selling takes place until the bitcoin price reaches a new low. At this point the whale scoop up way more bitcoins than they first started with and after the rinse they usually repeat this type of trade often.

A token that gives user's the right to contribute work to a decentralized network and earn in exchange for their work. That work can be serving as an oracle ( in the case of Augur) , being the backstop in a collaterized debt system (in the case of maker) or securing the network ( in the case of etherium of when it switches to proof of stake) Token ownership does not give you any specialized rights within the network but it does give you access to the service.

It is like a public ledger, If you send bitcoin to a friend or sell it. That information is publicly available in the blockchain, other may not know your identity, but they know exactly how much value has been transferred from one person to another. Many people see blockchain as an alternative to traditional banking. Instead of needing a bank or some other institution to verify the transfer of money you can used blockchain and eliminate the middleman.

On Mac this seems to be working slowly, I added couple of nodes and just waited, At first, it didnt look like much was happening, But checking the network connections tab showed I was connected to a few nodes on the network. The progress bar will come to a complete stop and everything will look frozen. But if i leave it alone for 10 mins, It will start back up. Goes in 1 min intervals. Not sure why. Maybe after a day or two it will be caught up. The devs should really fix it.

Here's something every bitcoin owner should know, the safety and security of your bitcoins is ultimately your responsibility. Remember bitcoin transactions are not reversible. To send or spend bitcoins, one must have access to both public and private keys, Private keys especially must be protected. For me I preferred on desktop wallets, Bitcoin desktop wallets offer one of the highest level of security in terms of bitcoin storage, You must download the software to your computer and perform bitcoin transactions to your desktops.

Still big players still have decided these are risks well worth taking, Bubbles usually pop after the dumb money chases the smart money but until now it has  mostly been individuals and small investors who have driven the bitcoin phenomenon. While people can buy fractions of bitcoins in increments of as little as 1$ on cryptocurrency exchanges institutional investors have largely been barred from those venues owing to fiduciary and compliance requirements around custody of assets.

Its hard to determine if bitcoin is a bubble because its an entire industry, Bitcoin is a topic on everyone's tongue and minds, Investor's make huge life decision based on bitcoin worth and they often make impressive predictions about what happen in the future. People also made those actions in association with other things that went bust, leading individuals to caution history will repeat itself. They say the only thing, they're not certain about is when it'll happen.

Bitcoin and Etherium are powered by the principle of distributed ledger's and cryptogrphy, the two differ in many technical ways. For example the programming language used by etherium is turning complete whereas Bitcoin is in stack based language. Other differences include block time  ( Ethereum transaction is confirmed in seconds compared to minutes for bitcoin ) and their basic builds ( Ethereum uses ethash while bitcoin uses secure hash algorithm, SHA 256)

I prefer using bitcoin through engaging some investment, mostly trading with other type of coins, It is very convenient to use and simple means of earning income, We cannot tell when it pumps up but it is effective when you know how to become patient. Bitcoin is already tested around the world and become a good source of income by other countries, Its an amazing technology.

Some people are speculating that agressive selling activity could have been used to drive down the price of bitcoin on the exchange and turn the future contracts into winning bets, Back of the envelop calculations, suggest that as little as a million dollars could be used to shore up future positions and influence the auction market.

Tips for Beginner's

1. Look for Scenario's Where supply and demand are drastically imbalanced and used this as your entry points,
2. Beginners should always set day trading price targets before jumping in.
3. Insist on a risk-reward ratio of at least 3:1 when setting your day trading targets.
4. Day trading requires patience, so be patient trader.
5. Day trading also requires discipline, especially for beginners.
Best Wishes and Good luck:)

Bitcoin transactions are highly encrypted and while they can be track by involved parties, Bitcoin provides a way to keep money and transactions away from the prying eye of the regulators, There is a risk that it could be used to fund crime or illicit terrorist activity.

I guess it is better to make a spending plan and budget your money wisely, If you are spending more than you earn, You will never get ahead in fact its a sure sign that your finances are headed for trouble. The best way to make sure that your income is greater than your expenses is to track your expenses for a month or two and then create a budget. It can be a very simple budget but you should have one.

I see most people now a days used bitcoin as payment method as well as for trading purposes, I could see decade from now, Bitcoin will be used by bigger companies as a mode of payment due to its fast, efficient and convenient to use. It is also good as a form of an asset because the value had the characteristic to fluctuate up.

Yes It is much valuable right now. As you see the price are thoroughly soaring up compared on the day it was introduced. It is also getting popular due to its mass issue. In terms as an asset.. bitcoin delivers a good profit for those who are patiently wait all throughout a year based on historical background back from 2009 until present.

Interesting part of holding bitcoin is that it will double or triple its value in the near future, As we observed based from history, Bitcoin started from humble beginnings, As the time pass by, Bitcoin proves its importance towards people, It also significantly soar up its value for just a short span of time.

Blockchain and cryptocurrencies are all set to disrupt the stock markets now, While this goal is an ambitious one, It is not very far from reality, Only recently Wall Street went down from being promising and optimistic to really depressing, What was shocking for analyst and researchers was the fact that the cryptocurrencies closely resembled the behavior of the traditional financial market.

What differs ethereum from bitcoin is the new technology behind it, Ethereum operates on a ledger technology which is a decentralized type of database.
Moreover, Ethereum has the potential to provide basic operating system for the next generation of decentralized internet and also has the potential to become a publicly used entity that easily makes contact between customers.

Its not a ponzi scheme, Bitcoin represents a completely level and fair playing field because the economics of adoption and growth cannot be controlled by anyone, Math is eternal, It is certainly a lot more durable and trustworthy than governments, Bitcoin is the future of money, Yet governments needn't fear it Gradually, governments are recognizing that widespread use of cryptocurrency presents a far bigger opportunity than a threat,

Mobile wallets (android or IOS) are the least secure form of bitcoin wallets. This is mainly due to the fact that mobile devices tend to get stolen. lost and breakdown. If you hold your bitcoins in a mobile wallet it means the private key  stored in the device and therefore if the device is ruined or stolen, you can't access your coins.