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Author: Admin | 2025-04-28
Bitcoin use and value is going to keep growing. It has been around long enough and has enough miners and nodes distributed around the world run by independent people that it is going to stay around for a long time. So it’s probably a worthwhile place to store some of your money.Bitcoin is also very easy to use as a currency. I can buy products from Overstock.com, Newegg.com, and GoldSilver.com with an easy transfer of Bitcoin. It works just as easily for international payments.Unfortunately, the Bitcoin and other crypto currency prices compared to state sponsored currencies like the US Dollar are volatile. The prices go up and down all the time. This is a one-month price chart of the Bitcoin to US Dollar price from the middle of December 2016 to January 2017. I am a really bad crypto-currency trader. Unfortunately I’m good at buying high and selling low – the opposite of what the best traders do. So it’s hard for me to pick a time and amount to buy any cryptocurrency.But what I can do is run a program that uses my computer’s graphics card, and have that program pay me in different crypto-currencies a little bit at a time. As these Altcoins build up in my account, I am literally making money. And it’s profitable!What you do with it after that is up to you. For just a little bit per month in electricity, you build up stock in Altcoins like Ethereum, Zcash, and Monero. If you
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