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Table Of Contents
Introduction - What Is Bitcoin and Cryptocurrency?.................................................................... 5
A Look At Cryptocurrency and Bitcoin’s Colorful Past.............................................................. 6
Why Do Cryptocurrencies Exist? ............................................................................................. 8
How Bitcoin Works .................................................................................................................10
The Technology Behind Bitcoin ..............................................................................................11
Bitcoin Value – How Is The Value Of Bitcoin Determined..........................................................15
Bitcoin’s Value Lies In Its Utility ..............................................................................................16
Bitcoins Are Incredibly Scarce................................................................................................19
Supply And Demand Affects Bitcoin Value Directly ................................................................21
Different Techniques To Acquire Bitcoin ...................................................................................24
Buy Some Bitcoins .................................................................................................................24
Trade Your Other Cryptocurrencies For Bitcoin......................................................................26
Get Paid With Bitcoins............................................................................................................26
Complete Small Tasks On Websites ......................................................................................29
Join Bitcoin Faucets ...............................................................................................................29
Mine Your Own Bitcoin...........................................................................................................30
Bitcoin Mining – Everything You Need To Know About Bitcoin Mining ......................................33
Bitcoin Mining Terms You Should Get To Know .....................................................................33
Bitcoin Mining Hardware Commonly Used By Miners .............................................................34
The Role Of Mining In The Creation Of New Bitcoins .............................................................35
What Is The Blockchain?........................................................................................................36
What Exactly Is Bitcoin Mining?..............................................................................................38
Bitcoin Mining And Mining Difficulty ........................................................................................40
Bitcoin Cloud Mining – An Alternative To Joining Mining Pools? ............................................42
Is Bitcoin Mining Profitable? ...................................................................................................42
Bitcoin Storing – How To Store Your Bitcoin And Other Cryptocurrency Safely.........................44
Online Wallets ........................................................................................................................45
Mobile Wallets........................................................................................................................47
Desktop Wallet .......................................................................................................................48
Paper Wallet...........................................................................................................................49
Hardware Wallet.....................................................................................................................50
Trading And Selling Your Bitcoin For Profit ...............................................................................53
Bitcoin Trading Strategies ......................................................................................................54
Popular Bitcoin Trading Platforms ..........................................................................................55
Are You Ready To Start Trading Bitcoins? .............................................................................61
Using Bitcoin As An Investment Strategy ..................................................................................62
Bitcoin Investment Methods....................................................................................................62
Strategies To Succeed In Bitcoin Investing.............................................................................65
Accepting And Using Bitcoin In Your Business..........................................................................70
Online And Offline Businesses Can Accept Bitcoin Payments................................................70
How To Handle The Volatility Of Bitcoin .................................................................................71
Why Your Business Should Start Accepting Bitcoin Payments ...............................................72
The Benefits Of Bitcoin Payments For Your Business ............................................................72
How To Protect Yourself Against Fraud And Theft ....................................................................79
Bitcoin And Cryptocurrencies Are Not Scams.........................................................................79
Scam #1 – Fake Bitcoin Exchanges .......................................................................................80
Scam #2 – Phishing Scams....................................................................................................82
Scam #3 – Cloud Mining Scams.............................................................................................84
Scam #4 – Ponzi Scams ........................................................................................................86
The Future Of Cryptocurrency...................................................................................................88
Massive Support From The Masses .......................................................................................89
Bitcoin In Developing Economies ...........................................................................................90
Fast And Cheap International Payments ................................................................................91
Combat Crime and Corruption................................................................................................93
Blockchain Technology Will Become Mainstream...................................................................94

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